State Employees’ Credit Union President/CEO Jim Blaine said he has no beef with CUNA or the Carolina Credit Union League. In fact, he said the $27 billion SECU has been very involved in these organizations for a very long time.
However, Blaine said Raleigh-based SECU decided not to renew its combined $340,000 membership dues – $250,000 to CUNA and $90,000 to CCUL – because there are serious issues that are not being addressed by both organizations.
Though the merging of the North Carolina and South Carolina leagues was overwhelmingly approved by member credit unions last year, the number of credit unions in the two states continues to shrink.
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