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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So far Teresa Henderson has created 11 blog entries.
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 [...]