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Two CUs partner to open shared branch
ASTON, Pa. and WEST CHESTER, Pa. (5/26/11)--Sun East FCU, Aston, Pa., and Keystone FCU, West Chester, Pa., have opened the doors on shared a branch that was built as a collaborative effort. The credit unions shared the cost of building the branch and will share operating expenses while remaining separate entities. “Building a branch together is an exciting innovation which allows both credit unions to expand without a huge impact to our respective bottom lines,” said Keystone President/CEO Chris Woods. “Focusing on credit union philosophy allows us to concentrate on the similarities in the missions of both credit unions rather than feeling threatened by any perceived competition.” The joint branch is $429 million asset Sun East FCU’s ninth location in the Delaware Valley. It is $76 million-asset Keystone FCU’s third branch location.


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