July is CULAC Month! What’s Your Fundraising Plan?
July 15, 2015
July 15, 2015
July is a special month. It’s the first full month of summer, kids are out playing in cul-de-sacs and swimming pools, families are taking vacations. And for credit unions, it’s a month to focus on CULAC, the national political action committee administered by CUNA.
CULAC works to elect credit union champions to Congress. With the threat of potential taxation always looming, and with regulatory burden weighing down credit unions’ ability to serve their members, electing candidates who know the value of credit unions and have a proven commitment to upholding and advancing the credit union mission is an important strategy.
Each July credit unions come together for CULAC month, in which credit unions are challenged to raise money to support credit union champions in upcoming elections.
But, as not-for-profit cooperatives, credit unions are always committed to something greater than themselves, so they have come up with a special way to celebrate CULAC donations.
Northwest credit unions decided to match funds raised by their employees and donate them to Credit Unions for Kids to support the lifesaving work of Children’s Miracle Network (CMN) Hospitals. Starting with only a handful of credit unions, this idea has spread across the country, and credit unions everywhere are encouraged to join in. You can get more information on these Washington and Oregon brochures.
“This really speaks to the heart of the credit union movement,” said Samantha Beeler, political and grassroots manager for the Northwest Credit Union Association. “CULAC plays a critical role in ensuring the stability and growth of the credit union movement, and credit unions have tied this important political cause to the lifesaving work of CMN Hospitals. This way, credit union employees who donate to CULAC know that they are supporting two causes they care about.”
Credit unions raise CULAC funds in many other creative ways, too, including raffles and casual dress days. For more information on CULAC, visit the CULAC section on the NWCUA website here, and on CUNA’s site here.
Questions about this story? Contact James Pearson: 206.340.4790, email@example.com.