Ascentra Honored as 500th Branch in Regional Network of Branches
BETTENDORF, IA (December 12, 2014) -- With access to over 5,000 locations, Ascentra Credit Union has joined forces with other credit unions in states from New York to Washington, Florida to California, who are offering members more convenience by sharing locations. Shared branching is a national network of credit unions that have opened their branches to members of other credit unions. Members can walk in and do their banking just like they would at their own credit union.
“Ascentra knows the importance of adding convenience for our members and future members and shared branching is one way we can be there for those traveling, college students who move away, and snowbirds,” Ascentra President & CEO Dale Owen said.
Ascentra’s gateway to shared branching is through CU Service Network (CUSN) which is a network of seven states that help make up the nation-wide shared branching network. Recently Ascentra was honored as the 500th shared branch of CUSN at a presentation that brought in representatives from the Iowa Credit Union League.
“To be the 500th shared branch of CUSN is an important milestone for Ascentra which speaks to the cooperative spirit of the credit union movement,” Dale Owen said. “Together all shared branching credit unions now have a footprint as prominent as the largest banks in the country.”
Shared branching in Iowa has grown exponentially in the past two years. By the end of the year, Iowa will have a 75 percent increase in shared branch locations. Iowa is shaping the national landscape for the credit union movement, and Ascentra plays a valuable part in it.
People can find out more about shared branching at Ascentra.org and find a link to the CO-OP Shared Branch Locator that allows people to find shared branches nationwide. People can also find a shared branch with the CO-OP Shared Branch App on the Apple App Store and the Google Play Store for Android.
Photo Caption: Trisha Wiggin-Fausnaugh of the CU Service Network (CUSN) presents Ascentra Credit Union President & CEO Dale Owen with a plaque recognizing Ascentra as having the 500th shared branch location for CUSN which is the gateway in seven states to the network of over 5,000 shared branches.
About us:
Founded in 1950, Ascentra Credit Union, is Iowa's premier credit union with more than $340 million in assets and 10 branches serving the communities of Bettendorf, Clinton, Davenport, Le Claire, Muscatine, Iowa and Moline, Ill. Learn more about Ascentra Credit Union at ascentra.org. Follow Ascentra on Facebook and on Twitter @ascentra.
About CU Service Network:
CU Service Network, LLC was founded in 1992, to help participating credit unions reach more members in areas outside of their office radius, offering products and services that connect members to their credit unions. Credit Unions own the network, and it has a volunteer board to govern the direction of the organization. To learn more, email info@cusn.com. Follow CU Service Network on Twitter at:http://twitter.com/SharedBranching. Media representatives, contact our Marketing Specialist, Alicia Disantis Weston, at 720-945-7244 or adisantis@cusn.com for additional information.