A New Day with Shared Branching

A NEW DAY with Shared Branching FALL/WINTER 2021

83%

of Ohio credit union members have access to Shared Branching.

A BRAND NEW DAY The course of business has changed drastically over the past 18 months, showcasing the need for more cooperation amongst the nation’s credit unions. Shared Branching epitomizes this atmosphere in a supportive, non-soliciting environment. We are taking strides forward to ensure members do not go without access to their accounts, personal relationships are maintained, and the door is open for integrating new technologies onto the platform.

With a 6% increase in transactions year to date over 2020, allowing more than $665M in member funds to flow freely, the Ohio Shared Branching Network continues to wake up and look toward the future.

Growth is still a focus for the largest outlet provider in the country, which currently has more than 400 outlet locations serving members.

The future looks bright for the Ohio Shared Branching Network, thanks to partner engagement supporting the integration of ITM technology, establishing outlet locations in previously under-banked regions, and expanding the network footprint.

Our doors are open, and the sun is shining on a brand new day!

Regards,

Kevin Mulder Sr. Business Solutions Manager

FOLLOWING THE CROWD

SHARED BRANCHING PARTICIPATION - CREDIT UNIONS BY REGION

63%

decrease in YOY fraud losses

64%

decrease in YOY fraud attempts

$143K

in fraud denied

by COOPER YT

TRANSAC TION VOLUME

D

$100M

N

K

d TD

$70M

JUL ‘20

JUL ‘21

TRANSAC TIONS JAN - JUL 2021

$666M TOTAL $490M OHIO $176M NATIONAL

11 OUTLET LOCATIONS IN WEST VIRGINIA

FIND A LOCATION SHAREDBRANCHING.ORG

$1.35M

in fraud denied by COOPER since inception

TEXT ZIP CODE TO 91989 SCAN QR CODE TO DOWNLOAD LOCATOR APP

IN CASE YOU MISSED IT Dr. Kathy Snider delivered insights straight from CO-OP Financial Services at the Ohio Shared Branching Partner Meeting.

• What drives members to your branch • Updates on ITM integrations • The future of Shared Branching

VIEW RECORDING

In addition to the Shared Branching Network, let OCUL Services Corporation light the way for you and your members with these solutions.

ELTROPY

NOTARIZE

Reach your members via the channel they’re already using. Eltropy is a secure and compliant solution for text messaging with your members. Contact Jose to explore how Eltropy can enrich your member interactions.

Remote notarization gives your members the freedom to conduct their business whenever and wherever they want. It can also streamline the process for your in-house notaries. Contact Natalie to learn how Notarize enhances internal processes.

Jose Ortiz Sr. Business Solutions Manager jortiz@ohiocul.org

Natalie Phillips Sr. Business Solutions Manager nphillips@ohiocul.org