The Minnesota Credit Union Network in St. Paul, Minn., said ithelped expand the availability of shared branching with theaddition of two branches of the $90 million Minnesota ValleyFederal Credit Union's in Mankato.
|This brings the number of shared branching locations in thestate to 36, the MnCUN said.
|“The expansion of the shared branching network is important tocredit unions' growth, and it's a vital piece of a successfulmember-retention strategy,” said John Ferstl, vice president forMnCUN's Network Service Corp.
|“Shared branching helps credit unions attract and keep membersby offering them branch options around the state and nationwide.This network of service centers increases the probability offinding a credit union nearby – no matter whether the member isclose to home or on the road,” Ferstlsaid.
|With MnCUN's addition of Minnesota Valley's FCU branches, thenationwide network now offers nearly 5,000 service centers acrossthe country.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
