ILLINOIS BANKPAC is a statewide, nonpartisan Political Action Committee (PAC) organized by members of the Illinois Bankers Association to benefit the entire banking industry through political contributions to state and federal candidates.
Without a well-funded PAC, our voice in
government will be weakened. No industry faces the regulation and legislation that banking does. That's why the banking industry needs a strong PAC. 100% of your contribution goes to worthy political candidates who support the views and future of our industry. Your contribution does not pay for travel reimbursement, overnight hotel stays or meals for staff like some other political action committees do. We encourage you to get other employees involved and contribute to BANKPAC. The bottom line is...give a little, and you get A LOT!
Things to know before you contribute:.
- ILLINOIS BANKPAC is composed of a state and federal PAC. Prior authorization is required for
individuals contributing to the federal PAC.
- National banks cannot make a corporate contribution to ILLINOIS BANKPAC; they can, however, make a
corporate contribution to the Administrative Fund. This fund is used for silent auction purchases, golf outing overhead, etc.
- Your "fair share" can be achieved in several ways; corporate contribution from a state chartered
bank; corporate contribution from a bank holding company; accumulated personal contributions; or a combination of corporate and personal contributions.
- All contributors are recognized at IBA events with an ILLINOIS BANKPAC sticker and receive special
recognition in the Illinois Banker magazine.
ACH Contribution Form
ILLINOIS BANKPAC Contribution Form
ILLINOIS BANKPAC is prohibited from soliciting contributions for its federal fund from employees of institutions that have not authorized such solicitation. Authorization Form
For more information, contact the IBA's Government Relations department.
Disclaimer: A copy of our report filed with the State Board of Elections is (or will be) available on the Board’s official website ( www.elections.il.gov) or for purchase from the State Board of Elections, Springfield, Illinois. All contributions to ILLINOIS BANKPAC are voluntary. You may refuse to contribute without reprisal. Contributions or gifts to ILLINOIS BANKPAC are not tax deductible.