Northwest Credit Unions Step Up for CULAC

7/25/17

Perhaps now more than ever, the Credit Union Movement depends on legislators’ understanding of the credit union difference, and their investment in the future of the credit union industry. Bills designed to add taxation or increase regulations on credit unions are presented to Congress each year.

The Credit Union Legislative Action Council (CULAC)—the political action committee of the Credit Union National Association—works to ensure the movement invests in Federal incumbent credit union champions, and engages new Congressional candidates.

“CULAC is such a unique PAC because of our grassroots participation. It enables credit unions to keep sharing our unique story with members of Congress, and helps us keep credit union champions in Congress,” said Samantha Beeler, the Northwest Credit Union Association’s AVP, Advocacy. “The work CULAC does is vital to the Credit Union Movement.”

Here are a few statistics on CULAC’s success:

  • 97 percent of the 364 CULAC-backed federal candidates in the 2016 elections won their races, including nine of 12 candidates in priority races.
  • CULAC is among the most bipartisan PACs in Washington.
  • $73 was the average annual donation by CULAC contributors, making CULAC among the most grassroots-driven PACs in the country.

The Northwest credit union community is filled with examples of credit unions stepping up to raise funds for CULAC. This July, for example, Central Willamette Community Credit Union hosted a competition between its branches to raise money for the cause. The prize was happy hour with the president and CEO, Stacie Wyss-Schoenborn, who also serves as the CULAC Trustee for the state of Oregon.

“CULAC supports our jobs, our members, the communities we serve, and what we all believe in when it comes to our core values,” said Stacie Wyss-Schoenborn, president and CEO of Central Willamette Community Credit Union.

On Aug. 1, the Mt. Hood Chapter will host their annual CULAC Casino Night. This event gives attendees the opportunity to network with other credit union professionals and win at the casino tables while raising funds to support CULAC. NWCUA’s Samantha Beeler will attend to discuss how credit unions can get more involved in the movement.

Credit unions have come up with many more creative ways to raise CULAC funds, including raffles and casual-dress days. You can find fresh ideas to get your credit union involved in our 2017 CULAC Kit.

For more information about CULAC, visit the CULAC section on the NWCUA website here, and on CUNA’s site here. Questions about CULAC? Please contact Samantha Beeler, the Northwest Credit Union Association’s AVP, Advocacy, at sbeeler@nwcua.org.

Posted in Advocacy News.