NAFCU's PAC Picking Up Steam, Makes Donations

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After stagnating a few years after the campaign for HR 1151, NAFCU has grown its political action committee to once again become the second largest among credit unions. NAFCU's PAC, which had fallen behind several PACs run by state credit union leagues in the past two election cycles, is on pace to more than triple its campaign contributions this election from the $129,000 it made in the 2001-2002 election cycle. The PAC made a total of $321,000 in contributions through Oct. 9 and had $125,000 of cash available going into the final weeks of the elections. This elections the PAC has also made contributions for the first time to candidates for open seats and to leadership PACs operated by top congressional leaders. So far, NAFCU has contributed the maximum $10,000 per election cycle to three candidates, Reps. Paul Kanjorski (D-PA), Steve LaTourette (R-OH), and Spencer Bachus (R-AL).

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