About Teresa Henderson

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So far Teresa Henderson has created 11 blog entries.

Credit Union Centers “Supersizes” in Illinois

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 [...]

Credit Union Centers “Supersizes” in Illinois2018-08-27T12:26:15+00:00

Credit Union Centers Expands Presence in Southern Illinois

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 [...]

Credit Union Centers Expands Presence in Southern Illinois2017-03-20T11:48:49+00:00

Credit Union Centers Clients Semi-Finalists in 2012 THINK Prize Contest

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 [...]

Credit Union Centers Clients Semi-Finalists in 2012 THINK Prize Contest2017-03-20T11:48:49+00:00

Chicago Patrolmen’s FCU Expand its Branch Outlets from 4 to Over 4,300

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 [...]

Chicago Patrolmen’s FCU Expand its Branch Outlets from 4 to Over 4,3002017-03-20T11:48:49+00:00

How Shared Branching Fills the Closed Branch Void

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 [...]

How Shared Branching Fills the Closed Branch Void2017-03-20T11:48:49+00:00

Purdue Federal: Shared Branching Helps Increase Member Retention by 25%

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 [...]

Purdue Federal: Shared Branching Helps Increase Member Retention by 25%2017-03-20T11:48:49+00:00

Midwest Carpenters Expands Branch Presence While Saving Costs

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 [...]

Midwest Carpenters Expands Branch Presence While Saving Costs2018-08-27T13:12:24+00:00

Credit Union 1 on Shared Branch Networking

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 [...]

Credit Union 1 on Shared Branch Networking2018-08-27T13:25:06+00:00