February 25, 2010 Marking a significant milestone in convenience, members of participating Maine credit unions now have account access to 4,000 CO-OP Shared Branching locations throughout the United States. In Maine, nearly 443,000 members of participating Maine credit unions have access to the Shared Branch Network, including the 125 locations in the state.
In addition to the 4,000 physical, full-service shared branch locations, credit union members also have access at 2,300 Shared Branching kiosk locations, providing a unique and convenient self-service option.
Shared Branching allows credit unions members to use participating credit unions like their own credit union. As a result, credit unions can offer their members a collective branch network comparable to the largest national bank competitors. Today, CO-OP Shared Branching ranks fourth in the nation, among all financial institutions, by number of branches. The 125 locations in Maine is double the number of locations of the largest bank.
"In today's economic climate, the opportunity to save travel time, effort and fuel through accessing a nearby Shared Branching location is extremely valuable to credit union members," John Murphy, President of the Maine Credit Union League, explained. "Now with 4,000 locations, Shared Branching is one more way Maine's credit unions provide members with the services they need, while saving them time and money."
For a complete listing of Shared Branching locations in Maine, visit the Shared Branching section of mainecreditunions.org Or, for a listing of the thousands of nationwide locations, visit cuservicecenter.com.
|
