Speaking at an Operation Choke Point forum, the congressman said growth pressures force credit unions to act like banks.
CUNA's PAC will report the record fundraising figure to the FEC in preparation for 2014 mid-term elections.
America's Credit Union Conference kicks off Monday with typical attendance numbers.
John Magill, CUNA executive vice president of government affairs, said CUNA's Political Action Committee,CULAC, supported the ill-fated re-election bid of House Majority Leader Eric Cantor (R-Va.)
CULAC donated $14,000 to support the credit union-friendly congressman's failed re-election bid.
Measure to be addressed Thursday would create parity with banks in handling lawyer trust accounts.
Credit Union House announced on Oct. 14 that it is on track to exceed last year’s number of visitors with more than 2,500 individuals welcomed so far this year.
Top members of Congress visited Credit Union House in 2013
WASHINGTON — Optimism about saving tax exemption in the air heard at CUNA's “Don’t Tax My Credit Union” event at Credit Union House.
CUNA President/CEO Bill Cheney earned $1.34 million in 2012, according to the organization’s 990 tax forms released Aug. 15.