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How does co-op shared branching work? Essentially, a co-op shared branching service allows members of one credit union to access financial services at other credit unions.
CU Cooperative Systems, Inc. doing business as Co-op Solutions [1] [2] (formerly d.b.a. CO-OP Financial Services), is a company that operates an interbank network connecting the ATMs of credit unions in the United States, with locations also in Canada and certain United States Navy bases overseas. It is the largest credit union-owned interbank ...
As of 2019, Service Credit Union has 52 locations (36 in New Hampshire, 1 in Massachusetts, 1 in North Dakota, and 14 on US military installations throughout Germany). The credit union participates in the CO-OP Shared Branch, providing members access to their accounts at more than 6,000 branches throughout the United States.
[4] [5] In addition, Genisys belongs to the CO-OP Network which provides its members access to over 30,000 surcharge-free ATMs and 5,000 Shared Branch locations. The organization is a federally insured state-chartered credit union that is regulated by the National Credit Union Administration (NCUA).
Credit Union Service Centers (commonly known as shared branching) is an organization of credit unions that allows members of participating credit unions to process transactions at any participating branch. Members are generally free to conduct normal transactions and day-to-day operations away from their home branch. [1]
It is part of the CO-OP interbank network, with access to over 30,000 ATMs in the U.S. and Canada. Through that Network, the firm also offers CO-OP Shared Branches, which gives members access to more than 5,400. [5] nationwide branch locations. [6]
In 2006, Soarion joined the Co-op Financial Services, allowing access to over 30,000 ATMs for no surcharge. In the summer of the following year, Soarion joined the Shared Branching Network. This gave further access to more than 5,400 branches and kiosks domestically and internationally. [6]
They operate 23 branch locations in Georgia. [3] In addition, Georgia's Own Credit Union belongs to the CO-OP Network which provides its members access to over 30,000 surcharge-free ATMs and 5,000 Shared Branch locations. [4] The organization is a federally insured credit union that is regulated by the National Credit Union Administration (NCUA ...