San Diego CUs to Share Branches

SAN DIEGO – Two local credit unions, long-time partners in civic and political projects, San Metropolitan CU and Cabrillo CU, have agreed to share two retail branches in the city. The bilateral agreement, outside of the various shared branching networks, is believed to be one of the first in the nation to share branches. The deal will allow members of San Diego Metropolitan to use Cabrillo’s Scripps Ranch branch, and for Cabrillo to use San Diego Metropolitan’s Kearny Mesa branch, with the respective credit unions paying each other a nominal $1 a month rent.

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