The disaffiliation headache continued for CUNA this month with two large Albuquerque credit unions departing from the trade group and the Credit Union Association of New Mexico.

Resigning from the trade groups in a dispute apparently traced, in part, to policies over business lending and secondary capital are the $1 billion New Mexico Educators Credit Union and the $570 million Kirtland Federal Credit Union.

CUNA leaders vowed to press ahead with campaigns to convince leadership of both CUs to reverse their disaffiliations, resume their memberships and pay their 2011 dues.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.