FSCC LLC, a part of CO-OP Shared Branching, and New EnglandCredit Union Services LLC have teamed up in three New Englandstates to spread the word about shared branching.

|

Ten credit unions in Massachusetts, New Hampshire and RhodeIsland have signed letters of intent to join the CO-OP SharedBranching network since the program kicked off in early April, thecompanies said.

|

The 10 credit unions will bring 36 new branches into thenetwork, which already includes more than 4,600 physical branchlocations, plus 2,200 Vcom kiosks at 7-Eleven stores,nationwide.

|

Credit unions in the three states have until July 31 to takeadvantage of the joint marketing initiative, which in addition to apackage of relationship pricing opportunities, also features CO-OPNetwork, the 30,000-strong ATM network operated by CO-OP Financial Services.

|

“Our credit unions have good reason to be excited about sharedbranching, which is the perfect combination of state-of-the-arttransaction technology in a traditional branch setting,” saidBonnie Doolin, chief operating officer at NECUS. “This is a greattime to be a credit union and nothing demonstrates to consumers ourmovement's spirit of cooperation better than shared branching.”

|

Plans are under way for FSCC and NECUS to announce specificsignings at an event to be held in New England on InternationalCredit Union Day on Oct. 18, the organizations said.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • 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.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.