LAKEWOOD, Colo. (1/9/14)--Four Iowa credit unions have joined CU Service Network shared branching.
The credit unions fill a gap in CU Service Network's shared branching coverage in north and west Iowa, CU Service said in announcing the signings.
Three credit unions--Cedar Falls (Iowa) Community CU, North Iowa Community CU, Mason City, and Sioux Valley Community CU, Sioux City--signed contracts as issuers and acquirers. Quaker Oats CU, Cedar Rapids, signed a contract as issuer only.
Seven new branches will be added to the CU Service Network, opening up northcentral Iowa and the northern Nebraska-Iowa border to shared branching.
Also, acquiring a branch in Cedar Falls provides shared branching access to out-of-city and out-of-state University of Northern Iowa students, CU Service Network said.
CU Service Network has more than 5,000 branches in all 50 states.