CO-OP REACHES 5,000 LOCATIONS
updated 03/18/13 03:27 PM
CUSO Fourth Largest Branch Network
CO-OP Financial Services has experienced exceptional growth in the last three years. Since 2010, CO-OP, the nation's largest credit union service organization, has added 1,000 branches to its CO-OP Shared Branching network, which now stands at 5,000 locations nationwide.
This milestone positions CO-OP as the fourth largest branch network with teller service in the nation, behind Wells Fargo (6,382 branches), Bank of America (5,916 branches), and Chase (5,833 branches).
The rapid growth of the CO-OP Shared Branching network is attributed to the cooperative spirit of credit unions, as well as the 2012 merger of the CO-OP Financial Services and Financial Service Centers Cooperative Inc. (FSCC) that added 502 branches.
Approximately 1,800 credit unions engage in CO-OP Shared Branching today. CO-OP estimates that if all 7,000-plus U.S.-based credit unions participated in shared branching, the network of shared branching locations would total more than 20,500.
YOUTH FLOCK TO FIN. LITERACY EVENTS updated
04/22/14 12:07 PM
CUs Catch the 'Save Wave'
Credit unions in California and Nevada are celebrating National Financial Literacy Month and National Credit Union Youth Week™ (April 22-27) with a number of programs and events.
CO-OP SUPPORTS 'SHOP FOR MIRACLES' updated
04/22/14 11:02 AM
Fundraising Program for CMN
CO-OP Financial Services is supporting Shop for Miracles—a one-day charitable program to raise funds for Children’s Miracle Network (CMN) Hospitals—through its Miracle Match Program.
JOBS, WAGES, CONFIDENCE: THE FUTURE updated
04/21/14 12:56 PM
Silver Linings for CA, NV
People borrow money for many purposes. Buying a home, remodeling, purchasing a new car, vacations, and weddings come to mind.
CFPB RELEASES DISCLOSURE FORM GUIDE updated
04/21/14 10:25 AM
Also, CA Unclaimed Property Program
The Consumer Financial Protection Bureau (CFPB) has released a guide to completing TILA-RESPA Integrated Disclosure Forms—a companion to the small Entity Compliance Guide the bureau recently released.