The 2,000-member Southwest Chicago Chapter Credit Union has joined CO-OP Shared Branching through affiliating with the Credit Union Centers, the shared branch vender managed with the Indiana Credit Union League.

In announcing its affiliation, the $19 million CU said shared branching should help provide an additional source of income to help it manage income declines due to slumping demand for loans. It also saw shared branching as a way of increasing member convenience.

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