With 615,000 Members
and $7 Billion in Assets, Alaska’s Largest Credit Union
Expands Resources for
Consumers at Home and On the Road
For Release on July 5, 2017:
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced that Alaska
USA FCU, Alaska’s largest credit union and the 17th largest in the country, is
expanding its participation in CO-OP Shared Branching, adding 43 new branches
to the cooperative network.
“Alaska USA has participated in
CO-OP Shared Branching for many years, as we believe it provides great value to
our members when they travel,” said Brian E. Wolf, Chief Operations Officer,
Alaska USA FCU. “We decided to create greater service consistency by extending
shared branching to all of our locations across Washington, California and
Arizona. CO-OP Shared Branching supports the overall credit union movement by
enabling individual institutions to provide the same branch presence as large
Based in Anchorage, Alaska USA (www.alaskausa.org)
has more than 615,000 members worldwide and more than $7 billion in assets.
CO-OP Shared Branching now
comprises more than 5,500 locations throughout the United States to serve
members of participating credit unions. Shared branching provides a unique
competitive advantage of the credit union industry, enabling members to enter any
CO-OP Shared Branching location and transact their business as if they were in
the home office of their own credit union.
Shared Branching is the third-largest national network of financial institution
branches, exceeding that of Bank of America. The branch network is part of
CO-OP’s roster of solutions enabling credit unions to offer members seamless,
secure service across a wide variety of financial service options, including
payments, networks and member service.
“Alaska USA is looking to provide
opportunities for our members to access their accounts and other services how,
when and where they desire,” said Wolf. “We see CO-OP Shared Branching as an
important piece of the puzzle to meeting our members’ needs. It is additive to
our expansive branch network with extended hours of operation, our 24x7x365
call center, access to surcharge-free ATMs and online and mobile solutions.”
CO-OP provides a locator to easily find CO-OP Shared Branching and CO-OP ATM
locations. More information on CO-OP
Shared Branching can be found by visiting CO-OP’s
website at www.co-opfs.org.
About CO-OP Financial Services
CO-OP Financial Services is a payments and financial technology company
whose mission is ensuring the success of the credit union movement by serving
3,500 credit unions and 60 million members. CO-OP payments solutions,
engagement services and strategic counsel help credit unions optimize member
experiences to consistently provide seamless, personalized multi-channel
offerings, while delivering secure, sophisticated fraud mitigation service. For
more information, visit www.co-opfs.org.