Shared Branching – What It Is and How You Can Benefit

June 28, 2022

Categories: community, Debit Card, In the Community, Protecting Your Accounts, Safety & Security, Savings Accounts

Shared Branching is unique to credit unions. Shared Branching is a national network of credit unions from all over the country that share facilities to give members thousands of convenient locations to perform financial transactions.

The Summit is a part of the Co-op Solutions shared branch network, which is the only national Shared Branch network. More than 1,850 of the country’s 5,000 credit unions belong to this network. Credit union members have access to over 5,300 shared branches nationwide with locations in all 50 states. Over 62 million credit union members are served through shared branching.

Generally, at a Shared Branch, you can do anything that you would do at your own branch including make account inquiries and deposits, withdraw funds, transfer money between accounts, cash checks, make loan payments and purchase cashier’s checks. There are a few things that you won’t be able to do at a Shared Branch, such as open a new checking or savings account, or open new share certificates or individual retirement accounts.

To complete a transaction at a Shared Branch, you will need to bring a valid, government-issued photo ID, the name of your credit union and your account number.

Shared Branching offers the benefits of a credit union with its personalized service, and the advantages of a traditional big bank with convenient branch and ATM locations.  The service is perfect for those credit union members who joined a credit union in a town that they’ve since moved away from. It’s also great for people who are traveling domestically and need access to branches and ATMs.

To find Shared Branching locations where you are, visit and click on “ATMs and Branches.” Key in the zip code of your current location and the map will display the nearest Shared Branches.

Our members tell us that Shared Branching is one of the top reasons why they joined The Summit.  Along with online banking and mobile options, and our Virtual Branch, Shared Branching ensures that we are wherever you are!