$1,000 check sent to Rep. Steve Stockman (R-Texas) was cashed, but Stockman's office said check was never received.
Community banks but not credit unions win specific mention in regulatory relief bills, but they still would help.
This preview from next week's print edition looks at what credit union lobbyists win, or don't win, on Capitol Hill.
CUNA’s political team harnessed the power of nice and the credit union member vote in two key races, spending nearly half a million PAC dollars on positive partisan communications that the trade association’s leaders say is the wave of the future.
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.
Just how much CCUL donated to failed congressional candidate Pete Aguilar is a matter of debate between the CCUL and Rep. Gary Miller (R-Calif.).
Wait till next year. That’s the motto of fans whose teams have a disappointing season, and it’s also sums up the political strategies of CUNA and NAFCU.
During the first five months of 2011, CUNA’s political action committee received $502,266 in contributions toward its efforts to influence the outcome of political campaigns, and NAFCU’s fundraising efforts netted $53,669, according to reports filed with the Federal Election Commission.
CUNA’s PAC raised $93,774 in April and NAFCU’s raised $14,250, according to forms filed with the Federal Election Commission.
If money, as a former state official said, is the mother’s milk of politics, neither major CU trade is in danger of being lactose deprived any time soon.