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
Shared branching helps CU in conservatorship keep members
LAKEWOOD, Colo. (3/5/09)--Shared branching helped Union Pacific Streamliner FCU serve its members when the credit union was placed under conservatorship in 2006. The National Credit Union Administration took control of the credit union because of financial difficulties, causing the credit union to close two of its branches. The credit union joined shared branching through CO-OP Shared Branching’s partner, Credit Union Service Network. “I truly believe shared branching has helped us retain our membership,” said Janet Anderson, Union Pacific CEO. “I don’t think we would have come out of conservatorship without the access that shared branching has given us.” With shared branching, the credit union can serve members through more locations with extended hours, including Saturdays. “Another plus for our members is the out-of-state access,” Anderson said. “Our membership travels a great deal.” Though the credit union has one branch, its members have access to 3,600 branches through CO-OP, Anderson added.


RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
20 hours ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
1 day ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
1 day ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
1 day ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
1 day ago