Blog
What’s New with Shared Branching
June 9, 2020
By Trisha Wiggin-Fausnaugh, Operations Manager
With all the emphasis on new delivery channels, it’s easy to forget that many members still prefer banking in person. Shared branching gives your members that option nearly anywhere they are. In fact, CO-OP Shared Branch now offers more branches than any bank. Nationwide, accessibility to shared branching continues to grow.
In January 2020 our 105 acquiring credit unions did over 380,000 financial transactions for over $360 million for guest members. And members from our participating credit unions did over $353 million in transactions at shared branches, over $100 million of which were done outside of our six-state area.
Our credit unions opened 11 new branches in 2019 with more branches on the way this year.
New branches opened in 2019:
| Blue FCU | 2410 S. Highway 287 | Lafayette | CO | 80026 |
| Canvas CU | 4111 Future Street | Castle Rock | CO | 80109 |
| Canvas CU | 1101 Center Ave Mall | Fort Collins | CO | 80521 |
| Canvas CU | 1031 Aloha Street | Castle Rock | CO | 80104 |
| Cottonwood Community FCU | 1 Main | Kooskia | ID | 83539 |
| Guadalupe CU | 218 Park Avenue | Raton | NM | 87740 |
| Northern Colorado CU | 909 Mountain Ave | Berthoud | CO | 80513 |
| Pioneer FCU | 404 Holly St | Nampa | ID | 83086 |
| Premier Members CU | 6355 Promenade Pkwy | Castle Rock | CO | 80108 |
| Reliant FCU | 1817 17th St | Cody | WY | 82414 |
| U-1st Community FCU | 601 N Canal | Carlsbad | NM | 88220 |
