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CU Cooperative Systems, Inc. doing business as Co-op Solutions [1] [2] (formerly d.b.a. CO-OP Financial Services), is a company that operates an interbank network connecting the ATMs of credit unions in the United States, with locations also in Canada and certain United States Navy bases overseas. It is the largest credit union-owned interbank ...
As of November 2023, the network included 5,700 participating locations. While mostly composed of US based credit unions, the network is international. [2] Shared branches are useful for domestic or international traveling, changing credit unions, and easily using a credit union that is closer to a customer versus their own branch. [3]
PBX switchboard, 1975. A telephone switchboard is a device used to connect circuits of telephones to establish telephone calls between users or other switchboards. The switchboard is an essential component of a manual telephone exchange, and is operated by switchboard operators who use electrical cords or switches to establish the connections.
“Shared branching” is the term for the system, and it’s made up of a cooperative network of credit unions across the country that gives members access to other credit unions within the network.
It is part of the CO-OP interbank network, with access to over 30,000 ATMs in the U.S. and Canada. Through that Network, the firm also offers CO-OP Shared Branches, which gives members access to more than 5,400. [5] nationwide branch locations. [6]
It was branded a Finance Organization achieving Certified Credit Union Standards (FOCCUS) in the year 2000 by the World Council of Credit Unions (WOCCU), based in the United States of America (USA), through its outreaching- cooperative program office in the Philippines, popularly known as the Credit Union Empowerment and Strengthening (CUES)- Philippines.
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