Crane FCU Joins Credit Union Centers Shared Branch Network to Enhance Branch Access to its Members and Other Area CU Members
Indianapolis – May 31, 2011 – To give its credit union members enhanced access to their credit union accounts along with allowing other credit union members access to its branches, Crane Federal Credit Union ($357 million; 27,894 members; Odon, IN) has joined shared branching vendor Credit Union Centers’ shared branch network. Crane launched its shared branch service in March 2011, allowing its members access to Credit Union Centers more than 4,200 networked branches across the country – more than 275 in Indiana and Illinois combined.
Crane FCU is also serving other credit union members residing in south and southwest Indiana by opening up its 11 branch locations as shared branches so those members can conveniently perform transactions. By serving other members, the credit union can generate additional revenue to reinvest in its other services and facilities.
According to Crane FCU’s Vice President of Lending and Sales, Bryan Myers, the credit union is consistently looking for new ways to enhance member service. Shared branching is one more way of providing members the convenience of accessing thousands of credit union locations to perform transactions.
“Using shared branching shows our dedication to the credit union movement by participating in an innovative way to serve credit union members worldwide,” Myers says. “The primary goal is to give credit union members, including our own, increased means to access their credit union account and support the credit union movement.”
Being on Credit Union Centers network gives credit union members the opportunity to access their account when traveling on business, vacation, or when relocating. Members can conduct transactions like deposits, withdrawals, loan payments and transfers. These tasks can all be done at participating credit union branch locations with real people – not an ATM.
“We’re very pleased that Crane Federal Credit Union has joined the Credit Union Centers shared branch network,” says Dan Davis EVP/CFO of CU Centers. “First, it provides their members with greater accessibility to their accounts when they’re on the road. Second, it has really filled a hole for us – as far as participating branches – in the south and southwestern part of the state of Indiana. Now members of other credit unions looking for participating shared branches in that area will have nearly a dozen from which to choose. In addition, Crane will gain supplemental revenue from its participating branches.”
About Credit Union Centers
Credit Union Centers shared branching network offers access to more than 4,400 credit union shared branch locations nationwide – more than 275 in Indiana and Illinois combined. For more information about shared branching, visit www.cucenters.com.