Further expanding its credit union shared branch footprint in Illinois and Indiana, shared branching vendor Credit Union Centers (CUC) has signed three more credit unions to join its network. As a result, each credit union can leverage the vast [...]
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Further expanding its credit union branch footprint in Illinois, shared branching vendor Credit Union Centers (CUC) has signed three more credit unions to join its CO-OP network – all as “issuers” and “acquirers”. These new signings fall [...]
To foster its student members long after they graduate and relocate, along with its members who reside in 11 southern Illinois counties, SIU Credit Union ($249 million; 29,365 members; Carbondale, IL) has added shared branching to its offering signing [...]
With the credit union movement constantly changing, transformation always generates great opportunities. CO-OP’s annual THINK Prize exemplifies that opportunity, as this contest challenges individuals to help architect the future of the credit union movement. In its second year, the [...]
In an effort to provide greater branch accessibility for its members, Chicago Patrolmen’s Federal Credit Union ($355 million; 21,489 members; Chicago, IL) has signed with shared branching vendor Credit Union Centers to use its shared network of [...]
No matter how painful, closing credit union branches is a reality in today’s economy. But there is an answer that can fill the void of an empty location to keep members engaged. Credit unions closing branches over [...]
Through its shared branch network, Purdue Federal members used over 2,000 different branches from 745 credit unions across 20 states to make deposits and conduct other transactions. In the not-so-distant-past, Purdue Federal Credit Union ($641 million; 59,448 [...]
Because if its many conveniences, shared branching has become a core part of Midwest Carpenters’ business strategy to continue growing while keeping expenses in check. Many times credit unions want to expand but cannot afford to because [...]
As new member access to branches increase, Eli Lilly Federal Credit Union incorporates CU Centers Shared Branching Network to add convenience and service. For 78 years, Eli Lilly Federal Credit Union ($983 million; 47,517 members; Indianapolis, IN) [...]
CU Journal Best Practices entry by: Paul Simons, President/CEO (PSimons@creditunion1.org) We are big on shared branching. It promotes the cooperative nature of credit unions to our members, which certainly has a great appeal in today’s disdain for [...]