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Member Shared Branching Frequently Asked Questions (FAQs) What is a shared branch? A shared branch is a credit union location that is part of a national network of linked or shared facilities. Members

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What is shared branching?

Shared branching is a cooperative arrangement between credit unions that allows members of one credit union to conduct financial transactions at another credit union's location.

Who is required to file shared branching?

Credit unions that participate in a shared branching network are generally required to file information regarding their shared branching arrangements.

How to fill out shared branching?

To fill out shared branching forms, credit unions must provide their identifying information, details of the branching services offered, and any agreements with participating branches.

What is the purpose of shared branching?

The purpose of shared branching is to enhance member convenience by offering more locations for service, thus expanding access to banking facilities for credit union members.

What information must be reported on shared branching?

Information that must be reported includes the credit union's name, location details, type of services offered, and any operational agreements related to the shared branching arrangement.

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