CO-OP Shared Branch Network: What is it?

About to go on vacation and worried about having access to your money? If your credit union at home is part of a shared branch network, then you have nothing to worry about! In this blog, we’re going to talk about the perks of the Co-op Financial Services network.

Co-op Financial Services

If your credit union is part of this network, their membership has access to over:

• 30,000 surcharge-free ATMs
• 5,000 physical branches

From coast to coast, you’ll have access to your accounts while you’re away from home. This network of credit unions allows them to focus on their members where they’re at, yet deliver the conveniences of big banks: be there for you everywhere. Each branch’s cooperation works together to serve each other’s members wherever they are.

Services

As long as the credit union offers it, you have access to it. Credit unions apart of the Co-op Shared Branch network can perform transactions that include:

• Check deposits
• Cash deposits
• Transfers within accounts (same membership)
• Loan payments by check, cash, or transfer
• Cash advances
• Cash withdrawals
• Check account balances
• Check transaction history

So if you’re about to leave your community, check out what branches you can stop at while you’re away from home. Share branch networks are great for completing transactions in person and withdrawing cash. Remember: your credit union may also have on-the-go online services that you can also take advantage of next time you’re out and about.