CUNA political strategists say that the U.S. Supreme Court's recent lifting of many limitations on corporate political advertising will not affect credit union political action committee activities.

Richard Gose, CUNA senior vice president of political affairs, argued the court's decision has everything to do with communications by corporations, but little or nothing to do with contributions made to PACs such as the Credit Union Legislative Action Council, CUNA's PAC.

Gose added that even those considering launching their own corporate political communications efforts should take heed: There is much to learn. For example, he noted that it remains unclear whether federal credit unions can spend money on independent political advertising.

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