Search
 

Future of Shared Branching in a Mobile World

The shared branching system has a bright, transformed future ahead as mobile banking and payments mature.

By Sarah Canepa Bang | Updated on May 16, 2014

The credit union movement’s shared branching system has a bright, transformed future ahead as mobile banking and payments become a mature component of the credit union landscape.

The increasing adoption by members of mobile banking is inevitable and welcomed by CO-OP Financial Services, with CO-OP Shared Branch among its leading business lines.

Branches will by no means go away, but they will change and they will actually include the use of mobile devices within the branches. Shared branching, specifically, holds the answer to both declining transactions in and increased cost of branches because this unique credit union network provides an income stream to the acquirers or branch owners.

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:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 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.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.