Thanks to shared branching, you are never far from your money when you need it! Check out this short, educational video as we talk about shared branching on this edition of Ascentra Making Cents. To see more videos of our monthly financial education segments like this one, head to our YouTube channel.
Shared branching is a large network of credit unions that provides convenience for millions of members to have access to their local credit union, even when they’re not close to home.
Those who benefit from shared branching include vacationers, those who are relocating, work travelers, and especially college students.Shared branching is best for people who want to hang on to the benefits of credit unions’ strong rates and low fees without giving up the conveniences offered by big banks.
When you walk into a shared branch, you are considered a guest member. As such, you can make deposits and withdrawals, transfer funds, make a payment on a loan, and much more. To complete these transactions, provide your credit union name, account number and a valid ID.
Find a shared branch near you by downloading the mobile app on your smartphone, or by simply looking for the Shared Branching logo. You can even text your zip code to 91989 to find nearby ATMs or shared branching locations.
Ascentra is part of the CO-OP Shared Branching Network that has over 5,600 branches nationwide. This also includes a network of 30,000 fee-free ATMs.
Whether you’re across town or 1,000 miles away from home, you can always count on Ascentra to be there for you.