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News Now

CU System
Meritrust to close three branches add shared branching
WICHITA, Kan. (12/29/10)--Kansas' largest credit union is consolidating branches as it joins the CU Service Centers CO-OP Shared Branching Network, effective in spring 2011. Meritrust CU, based in Wichita, will consolidate three Wichita locations at NewMarket Square, Haysville and Andover within the next year, said Bob Corwin, president/CEO. The $700 million asset credit union also is considering consolidating two branches in Lawrence. The closed locations are underused, said Meritrust in a press release. In Wichita, members will have access to the branches of Credit Union of America, MidAmerican CU, First Choice CU and Cessna Employees CU, where they can make deposits, withdrawals, loan payments, transfers and statement inquiries. "The additional branch locations made available through the CO-OP Shared Branching Network combined with the surcharge-free ATM locations made available with the CO-OP ATM Network have increased member convenience and allowed the credit union to address branch locations that have been underutilized by consumers," said the press release. "In an effort to continue to be good stewards of our members' best interests, Meritrust will be consolidating a few branch locations within the next year," said Corwin. By partnering with the shared branching network, members can access more than 4,500 branches nationwide across 50 states, Puerto Rico, Guam and military bases in Japan, South Korea, Italy, Germany and the United Kingdom.


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