Shared Branching Debuts at a 7-Eleven Near You

SAN DIMAS, Calif. – Financial Service Centers Cooperative introduced its long-awaited connection to 7-Eleven stores this week, providing the nation’s credit unions with shared branching in 2,000 convenience stores around the country. The program, which connects credit unions to Vcom financial self-service kiosks, has been expanded from its original scope and will include another 300 7-Elevens, according to an announcement sent to FSCC’s credit union members. Original plans had called for connections to a total of 1,900 7-Elevens. The 7-Eleven connection will give credit union members surcharge-free access to their funds around the clock at participating credit unions and provide a variety of functions, including cash withdrawal, deposits and bill payment. The 7-Eleven machines are now owned by Cardtronics, which acquired them from the convenience store chain this summer for $135 million.