WASHINGTON (3/6/08)--The board of Credit Union Service Centers Network Inc. (CUSCNI) elected officers and set direction at its 15th Annual Meeting Sunday in Washington, D.C. CUSCNI creates reciprocity between two shared-branching networks: CO-OP Shared Branching and Financial Services Centers Cooperative (FSCC). Its objective is to set policies and procedures for standardizing shared-branch transactions between the networks. New officers are:
* Chairman, Kris Mecham, CO-OP Shared Branching; * Vice chairman, Steve Dahlstrom, FSCC; and * Secretary-treasurer, Gary Wolter, CO-OP Financial Services.
Leaders from the two networks noted that a record 27 new credit unions joined the networks in the first two months of 2008. The networks now have more than 3,200 branches and about 2,000 kiosk access points. The board also adopted language to its policies that encourage all shared-branching networks to allow for opting-out of non-credit union-owned, third-party shared-branching devices.