NEW YORK — Credit union members whose credit unions participate in shared branching now have another place where they conduct transactions while traveling to mid-town Manhattan.

The $31 million Skyline Federal Credit Union, which offers a shared branching outlet through participations with New York's Universal Sharing Network (UsNet) moved its location from lower Manhattan to a place only one block away from Penn Station.

Located at 350 West 31st Street between 8th and 9th Avenues, Skyline FCU's new main office offers superb convenience and accessibility for credit union members that are looking to access their accounts.

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"When the opportunity to move into this space presented itself, we immediately recognized the significance and potential of the location," said Regina Farley, CEO, Skyline FCU, in sharing her enthusiasm for the new location. "We are now in a much better position to meet the growing needs of not only our members, but all shared branching participants living, working or visiting the Metropolitan area."

Echoing Farley's comments was Marc Inger, chief operating officer of Universal Sharing Network. "This is a great addition to our network from a state and national perspective. For the first time, credit union members can walk into a street level CU Service Center in the most densely populated city in the U.S. and conduct their credit union business."

Skyline participates in shared branching through UsNet.

The $603 million First Entertainment Credit Union, headquartered in Hollywood California, has a branch on 5th Avenue in mid-town Manhattan that has taken shared branching transactions since 2002 through its affiliation with the Financial Service Centers Cooperative shared branch network.

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