Financial Service Centers Cooperative has announced that 14 credit unions on the island of Puerto Rico have banded together to begin to participate in shared branching through its national shared branching network.
The 14 credit unions formed the organization Circuito Cooperativo Inc. in order to unify their marketing and service options on the island, including offering shared branching.
According to Katherine De La Cruz, president of the Board of Directors of Circuito Cooperativo, she along with other credit union officials in Puerto Rico have been anticipating the launch of shared branching services.
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