Despite the threat of a new banker Super PAC on Capitol Hill, CUNA says it has no plans to create a similar campaign fundraising mechanism for credit unions.
Instead, credit unions will continue to work grassroots support, soliciting many small-dollar individual contributions instead of a few large ones, said Vice President of Political Affairs Trey Hawkins.
Credit unions have the advantage of 94 million members, of which 65% say a candidate's stance on credit union issues matters to them. Banks can't compete with that, Hawkins said.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
