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Two years ago in the 2006 election cycle, the Credit Union Association of Colorado backed Jeff Crank, a credit union supporter, in a crowded Republican primary field for an open congressional seat in the Colorado Springs area.

In addition to CUAC’s support of Crank, CUNA made one of its largest independent expenditures of that election cycle to help elect Jeff, spending $160,000 to help this strong credit union friend. When the dust settled, Jeff’s election bid fell short by just 893 votes–one of the closest races in the U.S.–and particularly disappointing in light of the 300,000 credit union members in that district.

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