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Should Your Credit Union Participate in the Shared Branching Network?

Banking online from anywhere around the globe is convenience personified, but a real branch is still essential for the majority of Americans.

By Candice Reed | Updated on January 20, 2016

Before there were smartphones and banking apps, lobbies, tellers and drive-through lanes represented the face of credit unions. According to a recent study, customers still want this brick-and-mortar version to be available for their financial needs.

This is where shared branching comes into play. Shared branching is a nationwide network of 5,400 branches of 1,800 credit unions. Members can enter any of the participating branches and conduct their business as if they were in their own hometown credit union.

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