Speaking out on the two most recent disaffiliations from CUNA, the chairman of the Credit Union Association of New Mexico appealed anew for industry unity Tuesday, calling the CU exits “simply crazy when you consider the fast-moving events we are dealing with in Washington.”

Commenting on the trade group departure this month by two large Albuquerque CUs, the $1 billion New Mexico Educators CU and the $570 million Kirtland FCU, William Jacobs, the elected head of CUANM, said he was profoundly puzzled at the resignations, adding, “I just don’t understand the logic” when much is at stake on corporates, industry image, interchange, business lending and more.

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