CULAC Fundraising for Political Candidates
Each year, your League’s Governmental Affairs team coordinates fundraising efforts for America’s Credit Unions PAC and Maine CULAC. These funds are contributed to federal and state candidates who support credit unions and our issues.
Contributions to CULAC are strictly voluntary and are accepted on a continuous basis. Checks should be made payable to America’s Credit Unions PAC or Maine CULAC and mailed to:
Maine Credit Union League
ATTN: CULAC C/O: Ethan Barber
PO Box 1236
Portland, ME 04104
FAQs
What is CULAC?
CULAC stands for the Credit Union Legislative Action Council. It’s a state-level Political Action Committee dedicated to electing political candidates that support the credit union movement in Maine.
What is America's Credit Unions PAC?
Before the merging of the Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU), the federal credit union Political Action Committee was also called CULAC. After the formation of America’s Credit Unions, the federal PAC became America’s Credit Unions PAC.
What is a Political Action Committee?
A Political Action Committee, also known as a PAC, is a way for people to pool their political contributions. PACs are organized around a particular cause. Instead of researching individual candidates and choosing which to donate to yourself, individuals can donate to a PAC on an issue they support, which will then donate to candidates and political parties on your behalf.
How does CULAC choose who to donate to?
There are many factors that go in to choosing which candidates to support. Most importantly, we want to make sure the candidates know what makes credit unions different and are committed to supporting the political needs of credit unions. We also make sure prospective candidates share our ethics and values. The credit union movement is bipartisan, so we support candidates and parties on both sides of the aisle.
Do I have to donate to CULAC?
No. All donations to CULAC are voluntary. If you believe in advancing credit unions, your support makes a difference. Whether you’re highly engaged or prefer a more hands-off approach, contributing is one way to support the issues that matter to you.
Is my donation tax deductible?
No. Just like donating to a candidate or political party, these contributions are used for political purposes and are not tax-deductible. The difference with CULAC is that you are choosing to support pro-credit union candidates.