March is PAC Drive Month!
IBAT is asking all our members to conduct a Bank PAC Drive during the month of March. The IBAT Leadership Division is making its long-range goal to see that each IBAT member bank conducts a PAC drive with its directors, officers and employees. The IBAT PAC and IBAT FedPAC are important to the very survival of community banking.
As you prepare for your PAC Drive, select a volunteer to champion the drive. That individual may want to develop fun and entertaining ways for your employees to contribute. Perhaps extra perks for those who contribute to the PAC such as Friday tee-shirt day, Friday sundaes, or a drawing for lunch or dinner at a local restaurant.
New! Online PAC Contribution Form
We now accept online contributions* for the IBAT PAC. This year, we are testing this process with the state PAC only. If our members find it helpful and convenient, we will add the IBAT FedPAC credit card option next year.
Only personal credit cards will be accepted and we can accept only:
- American Express
If you'd like to contribute online, click here.
You can only contribute online once per calendar year. However, if you would like to contribute multiple times using your credit card, email firstname.lastname@example.org for a paper contribution form.
IBAT PAC and IBAT FedPAC contributions are not deductible as charitable contributions for federal income tax purposes. All contributions to the IBAT PAC and IBAT FedPAC are voluntary. You may refuse to contribute without reprisal. Federal law requires political committees to report the name, mailing address, occupation and name of employer for each individual whose contributions aggregate in excess of $200 in a calendar year. State election regulations require political committees to report the name, mailing address, occupation and name of employer for each individual whose contributions aggregate in excess of $50 in a calendar year.
Dream Vacation Participation
One of our most successful and fun PAC fundraisers is the Dream Vacation. This fundraiser is a very simple way for all bank employees to participate in the PAC Drive. For a small $10 contribution to the IBAT PAC, an employee receives an entry to the Dream Vacation drawing worth $5,000. For more information on the Dream Vacation, please click here.
Why Host a PAC Drive?