A political action committee (PAC) is an entity that enables people who share common interests (such as employees of a company or organization) to pool voluntary resources to make contributions to lawmakers or candidates for elected office. While companies, labor unions, and trade associations are prohibited from making direct contributions in federal elections, they can sponsor membership-resourced PACs – also called separately segregated funds (SSFs) – to engage in the political process on behalf of their members.

SSFs, such as association PACs, are regulated by the Federal Election Commission (FEC) and subject to strict reporting and transparency requirements as well as receipt and contribution limits.

NAFCU Political Action Committee (NAFCU/PAC) is a nonpartisan PAC registered with the Federal Election Commission representing the credit union industry. The PAC is a vehicle for credit union employees and members to pool voluntary resources to help advance a regulatory environment that allows NAFCU to strengthen credit unions.

It is one tool the association uses as part of a comprehensive government affairs strategy to enhance our voice in the policymaking process through opportunities to elect, engage with, and educate federal lawmakers on both sides of the aisle.

NAFCU represents a highly regulated industry. Federal laws and regulations created through the public policy process touch every part of the industry and have a significant impact on our members’ ability to serve their communities.

Given the inseparable link between government and the credit union industry, it is critical that federal lawmakers understand the difficult work we do as well as the effect various policies have on credit unions. The PAC provides additional opportunities to grow relationships with lawmakers and educate them on key issues that impact our members, their business, and their communities.

NAFCU/PAC is governed by a Steering Committee who oversees the financial health and operations of the PAC. The committee weighs in on all contributions to federal lawmakers. Current members of the committee can be found on our website under the “About” tab.

NAFCU/PAC contributions are required to be disclosed to the Federal Election Commission (FEC) through recurring disclosure filings. Those reports are made publicly available on the FEC website.

Federal law prohibits corporations from contributing directly to lawmakers or candidates for federal office. However, they can sponsor membership-resourced PACs to engage in the political process on behalf of their members.

No, contributions to NAFCU/PAC are entirely voluntary. You can decline to contribute without concern that your decision will have any effect on your employment or employment status.

No, contributions to NAFCU/PAC are not deductible for federal income purposes.

An individual may contribute up to $5,000 to NAFCU/PAC per calendar year.

There are several recommended levels of contributions to choose from. Any and all support for NAFCU/PAC is welcome and important.

Federal law requires this disclosure:

DISCLAIMER: Contributions to NAFCU/PAC are not deductible for Federal income tax purposes. Federal election law requires political committees to use best efforts to report the name, mailing address, occupation, and name of employer of individuals whose contributions exceed $200 during a calendar year. An individual may not contribute more than a total of $5,000 per calendar year to the committee. Federal law prohibits contributions to the committee from the general treasury funds of a corporation, labor organizations or national banks (including corporate or other business entity credit cards), from any person contributing another's funds, from a Federal government contractor, or from a foreign national who lacks permanent resident status.

The NAFCU/PAC website provides easy and efficient options for eligible employees to join NAFCU/PAC through the following options:

(1) recurring payroll deductions;
(2) one-time personal credit card contributions;
(3) personal check

Donors who contribute via personal check should fill in this PAC Check Form and include with your mailing to:

Please reach out to [email protected] for personal check information.

Under federal law, NAFCU/PAC is limited to soliciting voluntary contributions from only certain groups of eligible employees or members. You must be a U.S. citizen or permanent resident (i.e. green card holders residing in the U.S.).

Eligible employees or members who are U.S. citizens or green card holders may contribute to NAFCU/PAC. Contributions, at any level, up to $5,000 per year are welcome and can be made through payroll deductions or check.

By becoming a member of NAFCU/PAC, you are helping to maximize NAFCU’s voice in the public policy process and foster a regulatory environment to advance our mission to strengthen credit unions by providing the best federal advocacy, education and compliance assistance in the industry.

Additionally, as a PAC member, you will have access to more information about the policy issues impacting NAFCU through various avenues such as policy updates and webinars that will be shared throughout the year.

If you support the PAC with an annual contribution, benefits will be provided for the current calendar year (January – December) and renewed with a new contribution.

There are many avenues to amplify your engagement with NAFCU, including:

1. Becoming a member of NAFCU/PAC
2. Training as a NAFCU/PAC Ambassador
3. Attending a NAFCU conference

To request more information please reach out to [email protected]

For information on providing prior approval, please visit the link below.

PAC Solicitation Approval Form

NAFCU/PAC is nonpartisan and contributes to federal lawmakers on both sides of the aisle. Lawmakers are selected based on an established set of criteria intended to support NAFCU’s advocacy strategy on key policy issues that impact the credit union industry.

NAFCU/PAC makes contributions based on the following criteria:

1. Reputable and known industry supporter and/or champion
2. Serving on relevant committees to this industry
3. Member with large industry presence
4. Leadership role in Congress

We value your comments, questions, and feedback. Please contact the PAC at [email protected] or a member of our team:

Allyson Gale
Senior Director of Political Affairs
[email protected]

Megan Brady DiPisa
Senior Associate Director of Political Affairs
[email protected]

Eric Sneddon
Government Affairs Assistant
[email protected]

EMAIL [email protected]
PHONE 216.469.4908
Address
3188 10th St N
Arlington, VA 22201