The credit union movement’s shared branching system has a bright, transformed future ahead as mobile banking and payments become a mature component of the credit union landscape.

The increasing adoption by members of mobile banking is inevitable and welcomed by CO-OP Financial Services, with CO-OP Shared Branch among its leading business lines.

Branches will by no means go away, but they will change and they will actually include the use of mobile devices within the branches. Shared branching, specifically, holds the answer to both declining transactions in and increased cost of branches because this unique credit union network provides an income stream to the acquirers or branch owners.

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