WASHINGTON– The Defense Credit Union (DCUC) said it has formed two new political action committees (PACs), the Defending Credit Unions Political Action Committee, (DCU PAC), and National Advocacy Fund, (DCU NAF).
The two PACs will join the combined PAC that was formed by the merger of the Credit Union Legislative Action Council (CULAC), formerly overseen by CUNA, with the former NAFCU PAC in advocating for credit unions at the national level.
Numerous state associations also have their own political action committees.
‘Increasing Member Value’
“The decision to form the DCU PAC and National Advocacy Fund is an important part of DCUC’s overall strategic plan to increase both member value and DCUC’s success when championing the voice of our member credit unions’ serving military and veteran communities,” DCUC President/CEO Anthony Hernandez said in a statement. “The DCU PAC and National Advocacy Fund will not only strengthen our representation of the defense credit union movement but also enhance DCUC’s advocacy success while furthering credit unions’ interests on a broader political stage.”
Saying it understands the importance of engaging with top decision-makers and policy leaders at the federal and national levels on military-related issues, DCUC said the two PACs will “ensure credit unions’ interests and concerns are heard during all legislative and regulatory processes directly impacting credit unions and their members.”
Bolstering Grassroots
“The DCU PAC and National Advocacy Fund aim to bolster our grassroots efforts on key advocacy initiatives and priorities while maintaining a strong influence in policymaking to secure a prosperous future for defense credit unions and the industry,” Chief Advocacy Officer Jason Stverak said in a statement. “We are already looking forward to mobilizing both committees and begin promoting and safeguarding policies and regulations that ensure credit unions can continue best serving the financial needs of our nation’s military, veterans, and their families.”
Additional information is available at dcuc.org/DefendingCreditUnions.