Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In response to your online voting poll question, “Should credit unions that have converted to banks be allowed to remain as participants of credit union shared branching networks?”, I say sure, why not? If we are providing more convenience for members and even bank customers, it just makes credit unions look better. Why should I care if a bank customer comes to our credit union to do a transaction and the bank pays for it? Maybe for banks that want to be in the network, we should waive the agreement to not solicit their customers. As far as our members going to a bank and being solicited, they do it now. We certainly do not have all of our members’ money or their business. But again if we are providing more convenience for all involved, the credit union in the end wins out. Larry Hertell CEO Charter Oak FCU Groton, Conn.

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?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.