American society is electrified as the presidential election draws near. This rarefied atmosphere will touch individuals and pervade the credit union community as November 2008 nears. Several rules guide institutional action in this regard: 1. The Federal Election Campaign Act and the Federal Election Commission's implementing regulations greatly curtail an organization's role in the election process. 2. Federally chartered institutions' permissible "donations" related to campaign actions are regulated. 3. Credit unions may engage in certain fund-raising activities that indirectly support specific candidates. 4. Credit unions may engage in some specific non-fund-raising actions. 5. Documented records and bookkeeping must support all credit union campaign actions. Credit unions and their members have every right, indeed a duty, to participate in the electoral process.