Credit Union Shared Branching Operations Officially Unified
CO-OP Financial Services and FSCC’s agreement to combine operations is now complete, and the two largest credit union shared-branching organizations are one company as of the New Year.
CO-OP Financial Services and FSCC’s agreement to combine operations is now complete, and the two largest credit union shared-branching organizations are one company as of the New Year.
In a move that unifies credit union shared branching services, Financial Service Centers Cooperative, Inc. announced that it will combine operations with CO-OP Financial Services, effective early in 2012.
Northwest credit unions are expected to benefit as Financial Service Centers Cooperative (FSCC) and CO-OP Financial Services combine operations. FSCC President and CEO Sarah Bang said Northwest credit unions were among the first to embrace the shared branching concept.
FSCC along with CU Wireless, a CUSO of MaPS Credit Union, Salem, Ore, announced the release of MyCUAnywhere, offering mobile text banking capability to members of all CU Service Centers affiliated credit unions.