X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SOUTHFIELD, Mich. – Shared branching, the notion that members of one credit union can use the facilities of another credit union to conduct transactions through a shared branch network, turns 30 years old this month as the Service Centers Corporation, now a subsidiary of the CO-OP Network celebrates its anniversary. What began with five credit unions in the Detroit, Michigan-area sharing one SCC facility in Riverview, Michigan, in 1975 has become three nationwide shared branching networks which together serve more than 1,100 credit unions nationwide and overseas, SCC said. “Although technology plays a large role in today’s financial environment, branch locations help credit unions foster and expand member relationships,” said CO-OP Network CEO Stan Hollen. “After 30 years of leading the shared branching charge, SCC has proven that shared branching is here to stay.”

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

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.