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News Now

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CU Centers Shared Branching grew in 2011
INDIANAPOLIS (1/19/12)--Shared branching network Credit Union Centers grew by 10% in 2011, adding 31 new branches in its primary market of Indiana and Illinois and 434 branches nationwide.

Members of the network now have access to more than 300 Indiana and Illinois branches, which includes 4,444 national locations.

Among the new clients that joined Credit Union Centers shared branching network in 2011:

  • CEFCU, $4.4 billion assets, Peoria, Ill.;
  • Southwest Chicago (Ill.) Chapter CU, $19 million;
  • Chicago (Ill.) Patrolmen's FCU, $355 million; and
  • Members Choice CU, $110 million, Peoria.
 

The additional credit unions represent a 30% increase in assets of Credit Union Centers participants. Along with adding new locations and increased assets last year, Credit Union Centers grew the number of members it serves to more than 2.05 million, an increase of 15%.


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