In 1975, five visionary credit unions in Detroit came together to create something extraordinary: a cooperative branch network built on trust, access and service. Today, that idea has grown into the nation’s largest cooperative branch system — connecting thousands of credit unions across the country to deliver nationwide access and personalized, member-first service.
The Tennessee Credit Union League’s Solutions Group is honored to work with Velera’s Co-op Shared Branch Network, and we congratulate the organization on its 50th anniversary.
Shared Branching Benefits
Shared Branching helps credit unions:
- Deliver nationwide access and personalized, member-first service.
- Meet rising member expectations for geographic mobility.
- Unlock acquirer value by turning branches into revenue-generating hubs, welcoming members from across the network and boosting non-interest income.
- Compete with national banks – without expanding your own branch footprint.
Learn More About Shared Branching
Here’s a video with more details about the benefits of Shared Branching.
If you are interested in learning more about Shared Branching, please contact us.
