Thursday, January 12, 2012

Sharing That Breaks Records! Over 1,219,000 Shared Branching Transactions in Maine in 2011


Shared Branching transactions in Maine soared in 2011, coming in at a total of 1,219,361 transactions. With over 150 credit union branches across Maine, the Shared Branch Network has more branches than any single bank in Maine, a fact that credit union members are clearly taking advantage of. And, with over 4,400 locations nationwide, it is a benefit of credit union membership that members can take with them, wherever they go!

“This high number of total transactions illustrates how Maine Credit Unions are meeting the consumer demand for convenience through this expanding network of Shared Branches,” John Murphy, President/CEO of the Maine Credit Union League, said. “Sharing the fact that we have more branches than any single Maine bank is an effective way to attract new members, especially Gen Y, a demographic that is important to the continued growth of credit unions.”

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