Federal candidate · 2023–2024 cycle · past cycle

Jim Banks

Official portrait of Jim Banks
Official portrait, U.S. Congress
Office
U.S. senator from Indiana (class 1)
Party
Republican
Born
1979
In Congress
House since 2017 · Senate since 2025 · 9 years in office
Current term
January 3, 2025 to January 3, 2031
FEC filing name
BANKS, JAMES E. HON.
Next election
General November 5, 2024 (Wikipedia, checked October 23, 2026; confirm with your state election office)
Map of Indiana with the whole state highlighted

Indiana

Biographical details from congress-legislators (CC0), retrieved October 23, 2026.

RepublicanU.S. Senate · IndianaOpen seatWon the general election (58.64%)

FEC candidate ID S4IN00196 · Principal campaign committee: BANKS FOR SENATE

CycleOfficeRaisedOutcome
2025–2026U.S. Senate · Indiana$2,683,209.62Not up for election in 2026; seat is next up in 2030
2023–2024U.S. Senate · Indiana$7,337,226.72Won the general election (58.64%)
Total raised$7,337,226.72
Total spent$6,059,353.41
Cash on hand$2,613,356.72
Debts owed by the campaign$151,180.00
Loans from the candidate$0.00

2023–2024 cycle totals through December 31, 2024, from the FEC’s candidate summary file. This is a dated snapshot, not live reporting; the FEC’s page for this candidate is the official source.

Where the money comes from

Individual contributions: $4,534,595.55PACs and other committees: $1,432,093.06Party committees: $850.00Transfers from joint fundraising and the candidate’s other committees: $1,283,520.82Other receipts (loans from others, refunds, interest): $86,167.29
  • Individual contributions$4,534,595.5562%
  • PACs and other committees$1,432,093.0620%
  • Party committees$850.000%
  • Transfers from joint fundraising and the candidate’s other committees$1,283,520.8217%
  • Other receipts (loans from others, refunds, interest)$86,167.291%

Raised and spent over time

Report-by-report history is shown for the current cycle.

Committees

Assignments from unitedstates/congress-legislators (CC0), retrieved October 23, 2026.

PAC and committee contributors

267 committees reported giving $1,244,097.00 to this candidate, as filed by the giving committees through October 18, 2026. Timing differs from the campaign’s own reports, so this list may not match the totals above.

Show all 267 committees

Outside spending

  • Independent expenditures supporting James E. Banks$4,068,967.99
  • Independent expenditures opposing James E. Banks$0.00
  • Company and union communications to members about James E. Banks$13,366.00

FEC totals for the 2024 cycle, including groups that are not political committees, retrieved October 24, 2026.

Independent expenditures by committees that are not part of the campaign, as reported by those committees. This money is spent separately, not given to the candidate.

The race

Indiana U.S. Senate, 2024 · 8 registered candidates

CandidateRaisedCash on handThrough
James E. Banks (R)$7,337,226.72$2,613,356.722024-12-31
John Rust (R)$2,992,413.25$0.002024-06-30
Mike Braun (R)$246,006.03−$1,991.572024-12-31
Valerie L McCray (D)$142,089.64$12,156.002024-12-31
Robert Marc Carmichael (D)$114,319.39$13,200.152024-12-31
Keith Potts (D)$103,206.86$163.592024-12-31
Andy Horning (L)$1,446.00$1,207.832024-12-31

Polling and ratings

Race ratings

Recent polls

PollsterDatesSampleMargin of errorResults
ActiVoteOctober 5–28, 2024400 (LV)± 4.9%Jim Banks 57% · Valerie McCray 43%
ActiVoteSeptember 3 – October 5, 2024400 (LV)± 4.9%Jim Banks 56% · Valerie McCray 44%
ARW StrategiesSeptember 23–25, 2024600 (LV)–Jim Banks 49% · Valerie McCray 35%
Emerson CollegeSeptember 12–13, 20241,000 (LV)± 3.0%Jim Banks 47% · Valerie McCray 33%
Emerson CollegeOctober 1–4, 2023462 (RV)± 4.4%Jim Banks 31% · Valerie McCray 22%

Ratings and polls as listed on Wikipedia: 2024 United States Senate election in Indiana (retrieved October 23, 2026), licensed CC BY-SA 4.0. TerraCivic does not rate races or compute its own average.

Sources and updates

  • Money: FEC bulk data (candidate summary, committee master, committee-to-candidate contributions), retrieved October 23, 2026. FEC candidate page · Principal campaign committee: BANKS FOR SENATE.
  • Polling, ratings and candidate status: Wikipedia, retrieved October 23, 2026 (CC BY-SA 4.0).
  • Status shown above comes from the race’s Wikipedia page.

TerraCivic shows public filings without scores, grades or judgments about any candidate.

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