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HOUSTON — It’s not that some smaller credit unions don’t want help from larger credit unions but for the suspicious, the offers of help might be masking hidden merger intentions.

At least, that’s what Shirley Jenkins, a director at $1 billion Municipal CU for 25 years, has witnessed. She expressed her frustration with the many attempts she and others have made to help smaller credit unions in a number of areas. Prior to her board service, Jenkins once served as Municipal’s president.

“I’ve had so much resistance from smaller credit unions. When we come bearing gifts, I think there’s this concern that they’re going to be absorbed,” Jenkins said during a session by Tawana James, director of NCUA’s Office of Small Credit Union Initiatives, at the African American CU Coalition’s conference.

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