► Improve Margins & Boost Your Credit Union’s Bottom Line
► Add Convenience as You Add Members
► Open Member Access to Their Accounts Almost Anywhere
CO-OP Shared Branching, the national credit union-owned and -operated network, can make your credit union be “located” in more places than you once thought possible. Your credit union can have thousands of locations nationwide instantly. Because with CO-OP Shared Branching, every branch becomes your branch!
Convenience and access are what matter most to members. With CO-OP Shared Branching, your members will get the access they want whether they are near home or far away. Shared branching competes head-on with the multiple branches of national banks, and blows away the availability of small, local banks. That’s competition with an advantage.
CO-OP Shared Branching goes even farther:
● Your credit union not only competently serves your membership, it also helps retain members by expanding your hours of operation without adding staff or overtaxing your current employees.
● Your credit union can boost its bottom line by acquiring transactions at your branches. Yes! You earn every time your credit union handles another credit union’s transaction.
● You can also boost disaster recovery. How? Wide geographical access to member accounts is often critical during local and national emergencies.
● Competition with large banks is controlled if not actually reduced, positioning your credit union in the marketplace for growth and desirability.
● Taking advantage of today’s technology, your credit union can even use text messaging and GPS locator services to reach members everywhere at any time!
Imagine serving your members just about anywhere! The CO-OP Network provides more than 28,000 surcharge-free ATMs, including 9,000 that take deposits. Still growing, the network serves all 50 states, plus 10 countries. It doesn’t come any better than that!
There’s so much to the CO-OP Shared Branching network that it’s in your best interest to investigate—as well as participate in.
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What Are the Benefits of Belonging to CO-OP Shared Branching?
Participating in the CO-OP Shared Branching network can advance your credit union in a variety of ways.
● Gain a greater service area with locations throughout the U.S.
● Offer your members extended business hours.
● Decrease your cost of delivering service to members.
● Eliminate the need for “brick-and-mortar” branches at a high cost to you.
● Offer members service options during disaster recovery.
● Retain members because of your added convenience.
● Attract new members because of your convenience as well.
● Provide service access to members who travel or relocate.
● Effect reactivation of inactive member accounts.
● Take advantage of a cost-effective way to grow.
● Improve your competitiveness by combining resources.
● Support the credit union philosophy of cooperation.
● Practice the philosophy of people helping people.
There is no end to how your credit union can thrive...
...by becoming a part of this dynamic network! The value and benefits to both your credit union and your members are immeasurable.
To learn more, contact Nick Moalli at the League:
● 800-228-2285, ext. 7059
● 203-608-7059
● nmoalli@culct.coop
