6. American Bankers Association
The American Bankers Association (ABA) is among the most prominent banking association in the U.S. Also, it is considered to be the most significant financial business group in the United States. It is located in Washington, DC, and was founded in 1875. It lobbies banks of all sizes and regulations, including community banks, banking districts, currency centers, savings associations, and savings mutual associations.
To understand the level of influence by this PAC, you need to know that the average assets of its member are approximately $250 million.
ABA provides training, certification, publicity, and community services to bankers and members of the financial services industry in the United States.
It is founded back in 1873, making it one of the oldest in the country. In 2020, ABA spent over $2,5 million in lobbying; 31 % went to Democrats and 69% to Republicans.
