Vermont Credit Union Political Action Committee (CUPAC) is a state-level political fundraising entity for Vermont credit unions. Individual donations can be made to CUPAC, the funds of which are used to make campaign contributions to candidates for state-level office who are supportive of credit union interests.

 

The combination of Vermont's campaign finance law and federal laws place certain limits on contributions made to Vermont CUPAC:

 

	Any individual may contribute up to $2,000 to CUPAC in any one election cycle (this does not preclude separate contributions directly to candidates).
	State credit unions may make corporate contributions to CUPAC not to exceed $2,000 per election cycle, but contributions over $100 are subject to a 35% federal tax reported on IRS Form 1120 POL
	Federal credit unions may not contribute to any campaign or political action committee.
	All credit unions may provide financial support for the administration of CUPAC without any tax. Administrative support can be used to cover expenses for a fundraiser, pay for printed materials, etc. Such funds never go to support any candidate.
	CUPAC funds are separate from the Association of Vermont Credit Unions and stringent reporting requirements to the Vermont Secretary of State are followed.

Making a Contribution

 

CULAC contributions can be made by credit card through CUNA's website.  You'll be prompted to enter your CUNA ID and password.

 

Eligible contributions to Vermont CUPAC are accepted any time.  Send a check payable to Vermont CUPAC to Vermont CUPAC, c/o AVCU, 1000 Shelburne Road, Suite 1, South Burlington, VT 05403-6960.

 

Contributions through Pay Pal can be made by clicking the logo to the right.  Whichever option you choose, you'll be recognized on our Honor Roll and join the list of those who demonstrate their commitment to the preservation of credit union uniqueness through political action.

 

Thank you for your generous support!