Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
PCUA CEO letter to editor touts shared branches
HARRISBURG, Pa. (6/12/09)--A letter to the editor touting credit union shared branches and written by Pennsylvania Credit Union Association President/CEO Jim McCormack was published Thursday in the Harrisburg Patriot-News. McCormack’s letter responds to a letter to the editor published in the June 3 Patriot-News and titled, “Too Many Banks.” The original letter questions the need for continued construction of branches with the availability of ATMs, Internet and direct deposit (Life is a Highway June 11). In his response, McCormack noted that credit unions “achieve greater efficiencies through cooperation. Currently 43 Pennsylvania credit unions offer their members account access through a ‘shared branching’ network. “Those members can obtain teller service at any of the 3,730 ‘shared’ credit union branches nationwide (including 90 in Pennsylvania), just like they would at their own credit union office,” he continued. “Likewise, many Pennsylvania credit unions offer surcharge-free ATM access to members of other credit unions, through CU$, CO-OP, and Allpoint Networks.” McCormack also noted that credit unions provide better rates on savings and loans, and referred readers to iBelong.org to find a credit union to join.
Other Resources

RSS





print
News Now LiveWire
#Maine #creditunion membership growth continues record pace http://t.co/yFRur4TQ0x
10 hours ago
.@TheNCUA closes N.Dade Community Development FCU,Miami Gardens, Fla. determining CU violated some charter provisions,bylaws & fed. rules.
12 hours ago
Why a #creditunion can be a good fit for #smallbiz http://t.co/l7Df9b8vQZ @fundbox
14 hours ago
Who's most adept at saving these days? The middle class, says @Bankrate http://t.co/zVi7typdVU
14 hours ago
.@OregonCCU donates $20K in Sprint program monies to @CMNHospitals @CU4Kids via @NWCUA http://t.co/0wTAH5NTNI
15 hours ago