This week's print issue of CU Times is our second-ever to focus on the topic of Branch Evolution, a relevant subject for a time period when opening a brick-and-mortar location is not required to run a successful business. Credit unions are focusing more and more on improving their digital banking offerings in order to compete with other institutions, expand service to members who can't make it to a physical branch and make all members' lives more convenient. Meanwhile, according to Callahan & Associates, the number of deposit-taking credit union branches in the U.S. fell by 3.4%, or 646 locations, from mid-2017 to mid-2018 (the most recent available data).
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