Credit union trade associations have entered the 2012 election homestretch, with both CUNA and NAFCU confirming PAC spending figures reported by the Federal Election Commission and website OpenSecrets.org.
CUNA Vice President of Political Affairs Trey Hawkins said his organization will have spent nearly $4 million on the election cycle when the dust settles Nov. 7.
CUNA has contributed nearly $3 million to candidates, PACs and political parties during the current cycle. According to OpenSecrets, the top five recipients of CULAC funds are Rep. Ed Royce (R-Calif.) who received $19,250, the retiring Sen. Olympia Snowe (R-Maine) who has received $15,500, Rep. Suzanne Bonamici (D-Ore.) and Rep. Wally Herger (R-Calif.) who each received $15,000, and Rep. Janice Hahn (D-Calif.) who received $13,000.
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