Stay Informed with CUTimes

Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!

From the November-15, 2006 issue of Credit Union Times Magazine • Subscribe!

CUNA Wins, Loses, and Draws in Anti-Incumbent Bids

WASHINGTON -- CUNA contributed political action committee funds to challengers in three races where incumbents were in the running, which is extremely rare for the credit union trade.

CUNA had been going up against John Hostettler (R-Ind.) over the last two election cycles, finally succeeding in 2006. "Hostettler was one of the few people left in Congress who voted against 1151 and never really had a relationship with credit unions at all," CUNA Senior Vice President of Political Affairs Richard Gose said. His opponent, Brad Ellsworth, is a credit union member and indicated that he would be supportive of credit union issues.

CULAC also supported Jeff Lamberti (R) for Iowa's 3rd over incumbent Leonard Boswell (D) and lost. The state league and local credit unions felt Lamberti had been very helpful with critical legislation at a key time in the state and decided to support him; this instance was pro-Lamberti and not anti-Boswell, Gose said.

Finally, Max Burns (R-Ga.), who lost to current incumbent John Barrow (D-Ga.) in 2004, had CUNA's backing. "We just never stopped being with him," according to Gose. The 2006 election was still too close to call at deadline.

Comments

More News

Resource Center

View All »

Measure and Monitor the Risks and Opportunities in Loan Portfolios

Get a complimentary demo of our loan portfolio analytics and access to the white paper,...

CUT Daily eNews

Credit Union Times delivers breaking news and information you need to make the right decision for your organization - FREE. Sign up now!

Career Listings
Recent Career Listings
Browse Career Listings

Advertisement. Closing in 15 seconds.