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ONTARIO, Calif. and DELUTH, Ga. — The already small credit union shared branching world just got smaller. CO-OP Financial Services and Credit Union Services Corporation have signed a letter of intent to merge two of the three nationwide credit union shared branching networks. CO-OP Financial Services’ current shared branching arm is the former Service Centers Corporation, the first shared branching network, which became a subsidiary of CO-OP in 2002. CUSC is the nationwide shared branching network with a network of connections to leagues and shared branching CUSOs in 22 states.

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