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News Now

CU System
MnCUN adds to shared branching network
ST. PAUL, Minn. (1/16/13)--The Minnesota Credit Union Network expanded the number of Shared Branching locations in its state to 36 with the addition of Minnesota Valley FCU.

With MnCUN's most recent addition the nationwide network now offers nearly 5,000 service centers nationwide.

Consumers have said that banking locations near their home or work is a major factor in determining their choice for a primary financial institution.

"The expansion of the Shared Branching network is important to credit unions' growth, and it's a vital piece of a successful member-retention strategy," said MnCUN Vice President - Network Service Corporation John Ferstl. "Shared Branching helps credit unions attract and keep members by offering them branch options around the state, and nationwide. This network of service centers increases the probability of finding a credit union nearby - no matter whether the member is close to home or on the road."


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