WASHINGTON – CUNA's political action committee-Credit Union Legislative Action Council-raised $4 million in 2007 and 2008, the group reported today.
The amount, which is the most in the organization's history, enabled the group to participate in 83% of the 470 U.S. House and Senate races this year and it backed the winner in 92% of the races in which it supported a candidate.
CULAC contributed more than $2.9 million to federal candidates and committees and spent $528.000 on independent expenditures. It now has about $100,000 left in its treasury to begin its work in the next cycle.
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