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To provide convenience and accessibility several credit unions
joined together to create the shared branching concept. There
are currently two types of shared branches:
- Service centers, which are stand-alone facilities,
usually run by a credit union service organization or a
state league, that accept transactions from members of participating
network credit unions;
- Outlets, which are credit unions that accept transactions
from members of participating network credit unions.
A shared branch can be identified by the Credit Union Service
Corporation logo (The Swirl). There are more than 2,800 locations
nationwide where members can transact their credit union business
using a live teller. These transactions include but are not
limited to deposits, transfers, withdrawals, loan payments,
etc. Shared branching offers locations nationally and regionally
without the expense of building new branches.
Credit unions continue to create convenience and access for
members throughout Georgia through their support of the service
center program. The service center program started in 1993
when credit unions joined forces to develop a system where
members of different credit unions could access one convenient
location to conduct their financial transactions. The program
continues to gain support and has grown to include three stand-alone
facilities and more than 85 outlet locations throughout Georgia.
Nationally, the shared branching network encompasses more
than 1,400 credit unions, serving millions of members.
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