Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Minnesota Shared Branching grows despite recession
ST. PAUL, Minn. (7/13/09)--Minnesota has expanded the number of credit union service centers on its Shared Branching network to 29 by adding Wakota FCU, St. Paul, and four branches of Members Cooperative CU, Cloquet. Minnesota’s Shared Branching network currently services members of participating credit unions at locations in the Twin Cities, Duluth and greater Minnesota. This year CO-OP Shared Branching has added 264 new locations nationwide to its network of more than 3,730 shared branches. Through Shared Branching credit unions across the country share facilities, providing members thousands of locations to perform basic financial transactions. This cooperative network lets members visit other credit unions and perform transactions similar to those that they conduct at their home credit union. “The Shared Branching network allows credit unions to offer members convenience without incurring the expense of building and staffing additional branches,” said Peter Skaalen, executive vice president of the Minnesota Credit Union Network.


RSS print
News Now LiveWire
3 Atlanta fed judges recuse themselves from Home Depot data breach suits via @AtlBizChron http://t.co/lfPgOXZ7sO
6 hours ago
How may falling gas prices impact the U.S. economy? Find out tomorrow in #NewsNow #Market http://t.co/Q9ec9DGLDN
7 hours ago
News of the comp. for tomorrow: Big bank unveils plans for massive $6.5 billion new headquarters #NewsNow #Market
8 hours ago
Consumer confidence surges to 7-year high #NewsNow #Market http://t.co/fMEENGuWPi
9 hours ago
Charlotte Cash, CEO of @COFCU , is engaging members by producing videos on various subject of financial interest to members.
9 hours ago