A followup interview with CEO JimBlaine on StateEmployees' Credit Union's decision not to renew its membershipwith CUNA or the Carolinas Credit Union League has sparked somedebate on Credit Union Times' Facebook page.

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The $27 billion SECU's decision to disaffiliate stemmed in partfrom the dual membership requirement that requires CUNA membershipto belong to affiliated state leagues.

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David LeNoir Sr., member relations consultant at League ofSoutheastern Credit Unions, expressed his dismay that “at the verytime credit unions need to rally and support one another, SECUtakes the decision to withhold support of its state league.”

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Reader Matthew Cropp wondered if “this is symptomatic of thelogical end-point of the merger and consolidation trend that hasbeen afoot since the professionalist faction won the shareinsurance fight in 1970.”

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According to LeNoir, collaboration with, and not consumption of,smaller credit unions should be an option, and leagues can assistin supporting this relationship.

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Cropp agreed in principle, commenting that “credit unions rootedin authentic community are the best exemplars of our movement'svalues. Unfortunately, though, it's going to take some MAJORstructural changes to remove the driving forces behind the tide ofprofessionalization and consolidation, and the political will tocounter that inertia does not seem to exist in anything close to acritical mass at the moment.”

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Blaine also cited the ongoing trend of credit union mergers as areason the CUNA and affiliated league business model needs tochange.

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