A CUNA spokesman today declined to discuss the departure of the $1.6 billion Texas Dow Employees Credit Union from its membership rolls, maintaining it is an "issue between the member and the association."

Yesterday, the chairman of CUNA, Harriet May, a fellow Texan and president/CEO of the $1.7 billion GECU of El Paso, lamented the disaffiliation "as unfortunate and harmful to industry unity. "

In a Jan. 27 letter by the CEO and chairman of TDECU detailed a variety of concerns that triggered the decision to leave CUNA and the Texas Credit Union League.

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