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|Shared Branching (MnCUSC)|
Give your credit union the competitive advantage – discover Shared Branching!
What is Shared Branching? Through this program, credit unions across the country have joined together to create shared service center locations. The shared branching network enables credit unions to provide their members with thousands of convenient locations to perform transactions, just as if they were at their home credit union. By sharing facilities, credit unions extend their reach to offer greater convenience to all members in Minnesota and across the nation. Take advantage of this opportunity to serve your members better, without the time and expense of building additional branches. The Network Service Corporation (NSC) manages Minnesota's shared service centers under contract with the Minnesota Credit Union Services Corporation (MnCUSC), a CUSO formed and owned by the NSC and credit unions.
To learn more about MnCUSC and the opportunities available to your credit union through shared branching, contact MnCUN Vice President – Network Service Corporation John Ferstl by email or at (651) 288-5505.
What is Shared Branching?
A service center is a shared facility where members of credit unions who have joined the shared branching network can conduct basic financial transactions. The service center program was designed to offer the convenience of providing strategic multiple locations and extended hours of operation in a professional credit union environment. Service centers are located nationwide to serve all members of participating credit unions. By sharing their facilities, credit unions provide their members with greater access to accounts and services.
Members can enter any shared service center and conduct a range of transaction services, such as:
Many service centers offer money orders and travelers checks, and allow members to obtain cash advances and balance inquiries.
How does Shared Branching work?
To take advantage of this service, members simply need to provide:
Service center tellers then access the member’s account and perform the requested transaction in real time. Credit unions receive daily transaction settlement reports and monthly transaction and billing reports.
Members pay nothing for all the basic services offered through shared branching. To locate shared service centers around the country, visit www.sharedbranching.org
Why is Shared Branching important?
Credit unions can participate in shared branching in different ways:
Types of Service Centers
Resources for marketing Shared Branching at your credit union
Follow the links below to sample articles that can be used to promote share branching and its benefits to your members.
For more information on how your credit union can provide its members thousands of branch locations across the country, contact