Making good on a promise it announced this past spring, CO-OP Financial Services is rolling out a new logo and branding for shared branching.
Advantage Plus FCU joins Credit Union Service Network.
Credit unions have seen quite a bit of membership growth over the last year–much of it due to the consumers’ disdain over the poor reputation commercial banks have earned lately. Credit unions, to their credit, have profited from this consumer windfall and are now showing many of these new-found members...
Growth can mean gaining bragging rights as membership and assets expand. But some say growth has to be measured not just in terms of member headcount and asset size but in terms of what the increases actually bring to the membership.
There were no reported injuries or damage at credit unions though at least two remained closed in hard-hit Harrisburg, Ill., with delayed openings in Tennessee, Missouri.
Soon there will be but one shared branch network serving credit unions across the country, companies say.
Service 1st Federal Credit Union is merging the $1.8 million Pennsylvania Grange FCU effective Oct. 1.
In a move which some have seen looming for years, CO-OP Financial Services and Financial Services Centers Corp. have signed a letter of intent to merge their shared branching operations.
A single-sponsor credit union with members spread all over the world has started to offer shared branching to help its members meet their financial needs.