Credit unions remain far more bipartisan, and generous, in their political giving than banks are, according to federal election records.
"Credit unions do a better job than banks in appealing across the political spectrum," said John McKechnie, senior partner at Total Spectrum and former CUNA director of political affairs, in discussing the rationale behind the bipartisanship.
CULAC, the Political Action Committee operated by CUNA, spent $4,782,302 in political contributions and independent expenditures for House and Senate candidates this year, according to a pre-election report filed with the Federal Election Commission. The report reflects contributions made by Oct. 19.
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