SECU Disaffiliation Stirs Up Biz Model Facebook Debate
Readers discuss SECU CEO Jim Blaine's remarks about CUNA's dual membership requirement and the effects of industry mergers.
By Myriam DiGiovanni |
Updated on February 11, 2014
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A followup interview with CEO Jim Blaine on State Employees’ Credit Union’s decision not to renew its membership with CUNA or the Carolinas Credit Union League has sparked some debate on Credit Union Times’ Facebook page.
The $27 billion SECU’s decision to disaffiliate stemmed in part from the dual membership requirement that requires CUNA membership to belong to affiliated state leagues.
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