TALLAHASSEE, Fla. & SAN DIMAS, Calif. — Credit Union 24, a leading credit union owned nationwide ATM network and Financial Services Center Cooperative, one of two nationwide shared branching networks, have announced an alliance "to explore collaborative approaches to help credit unions maximize services and service delivery."
Neither organization would characterize what, specifically and tangibly, their alliance would mean, but each emphasized the organic, natural aspect of work more closely together.
"Our two organizations are remarkably similar," said Credit Union 24 CEO James Park. "Both Credit Union 24 and FSCC are member-owned cooperatives, and have a history of innovation to empower credit unions. We share the common goal of helping credit unions face the challenges of an increasingly competitive environment, and we'll explore opportunities to share our technologies and partners to strengthen the credit union community. Most important, this alliance is about bringing together our respective strengths to focus on the needs of credit unions, not on growing our own organizations."
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"FSCC's core value of cooperation for the benefit of credit unions extends to our partners," said Sarah Canepa Bang, CEO of FSCC. "None of us can do this alone, and in fact, when we work together, we achieve things that even the largest companies couldn't imagine. It's a little harder, and it requires long-term thinking, but it's definitely worth it."
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