Tuesday, March 16, 2010

Credit Union Contest Highlights Convenience of Shared Branching

To kick off the new Shared Branching Campaign, Share It! we asked credit unions to create their own “Top 10 List” on why to use Shared Branching. Here are some excerpts from these entries that feature some the best reasons to use Shared Branching!

“A member came to me because his son, who is at school in Utah, lost his debit card. Rather than wait several days for a new debit card to access his money, I gave his dad a list of our shared branch locations in the city where his son goes to school. The dad called his son from my office and gave him the list. Within an hour, the son had accessed his account at a shared branch location. Both dad and son were thrilled.”

“While visiting your brother out of town, he tells you that he would be happy to pay you the $5,000.00 that he borrowed from you, only he doesn’t want you traveling with that much cash. You surprise him with a shared branch location right down the street. He no longer has an excuse not to repay you.”

“Wiring or mailing funds can be costly and unsafe. Funds can get lost in the mail, the price of postage always on the rise, and wire transfers have fees. You can conduct these transactions with Shared Branching instead!”

“Shared Branching exhibits the Cooperative Spirit of Credit Unions. We work with each other- not against each other!”

“Shared Branching saves gas for everyone. Instead of traveling out of one’s way, they can do business locally.”

“I had members call from out west, all in a panic because their debit card wouldn’t work and they needed cash. I looked up Shared Branching locations, gave them their account number and routing and transit number. They were so relieved and grateful we could help them from this far away.”

How will Shared Branching make your life easier? Click here and find a branch near you!


-Diana D., Maine Credit Union League

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