Federal PAC Programs
As a reminder, our Federal PAC (MCULLAF) funds are used to support credit union friendly federal elected officials (Congress and the U.S. Senate). When remitting to the Federal PAC (MCULLAF), the remittance of contributions is governed by 11 CFR 102.8(b) which states that individual donations less than $50 need to be remitted within 30 days of receipt. Individual donations greater than $50 need to be remitted within 10 days of receipt. For most folks’ donations and the programs we run, the remittance period will the longer 30 days, but please do note the shorter period in some instances.
