Credit Union Centers, the shared branching vendor headquartered in Indianapolis, said it added 31 new shared branching outlets in 2011, an increase of 10%.
That included the 279,000-member, $4.4 billion CEFCU in Peoria, Ill., along with three smaller institutions.
"Many of the reasons for our growth in 2011 stem from today's credit unions looking for new opportunities to grow membership and revenue," said Dan Davis, chief financial officer at Credit Union Centers.
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