SCC opens 24th shared branch in Virginia

SPRINGFIELD, Va.-Michigan-based Service Centers Corporation, which now serves 240 credit unions with its shared branch and ATM network, has just opened its 24th shared branch facility, its fourth in the Washington area. NCUA Board Member Yolanda Townsend Wheat, who took part in the ribbon cutting ceremony for the new branch, praised the SCC concept as a prime example of CU philosophy in action. "I am a strong proponent of CUSOs," said Wheat. "CUSOs that offer shared branching in particular allow credit unions to have a presence where they otherwise couldn't. Superlative member service is what distinguishes credit unions from other financial services providers. "Shared branches are another way for credit unions to better serve their members, as well as an excellent way for credit unions to raise their profile in the community," Wheat said. SCC opened its doors 25 years ago in Riverview, Mich., with just five founding members. At the beginning of its silver anniversary year, SCC has teamed up with shared branching partners in California and Georgia, reaching a longtime goal to form a regional shared branch network. SCC projects that its staff will handle more than 10 million transactions during this year.

Resource Center

View All »

How Enterprise Software Helps Financial Services Firms Improve Efficiency and Reduce Costs

This white paper describes how enterprise software solutions, when built on a flexible and adaptable technology platform, can help financial services firms streamline workflows, consolidate...