Two credit unions in Pennsylvania have gotten together to share a branch–not by joining a network, but by actually building a branch together and sharing it.
The 41,000-member Sun East Federal Credit Union and the 8,000-member Keystone FCU recently opened the doors to their new branch inside a shopping mall.
Sharing the branch allows the credit unions to share expenses, as they work in one facility, while remaining separate business entities, the CUs said. It also brings another branch to an area that needed one.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.