Branch banking

LANSING, Mich. – Lake Trust CU, the state’s fourth-largest credit union, announced plans today to move out of the downtown and build a 100,000-square-foot headquarters in the nearby suburb of Brighton.

SPOKANE, Wash. – Numerica CU plans to open two new branches by the end of next year, including one this year in the two-story former First National Bank Building downtown.

BLOOMINGTON, Ill. – Mid-Illini CU is putting its faith in a new branch inside Mount Pisgah Church.

Alicia Moore, head of ATM banking at Wells Fargo & Co., recently spoke with PaymentsSource about the new credit card management and payment features that are part of the company's larger ATM fleet overhaul.

RANCHO CUCAMONGA, Calif. – The number of credit union “live teller” branch locations available through the nationwide CO-OP Shared Branching network has reached 5,000, making it the nation’s fourth-largest branch network.

PALO ALTO, Calif. – Stanford FCU said this morning it is installing eight Diebold deposit automation-enabled Opteva ATMs at its four Stanford-campus branches and off-premise locations and incorporating the company’s Agilis Campaign Office solution to push targeted marketing content to its ATMs.

ROCKY HILL, Conn. – Nutmeg State FCU has opened two more grocery store ATM locations inside Price Choppers in Southington and Bristol.

EUGENE, Ore. – Oregon Community CU has installed a touch-screen, drive-up ATM at its Springfield branch that does not require a deposit slip or envelope when making a deposit.

MIAMI – South Florida Educational FCU celebrated the opening of its newest high school branch, Generals Credit Union inside Miami Jackson Senior High School, the credit union’s eighth in-school branch.

RICHMOND, Va. – Connects FCU has acquired a former BB&T branch, which will serve as the $72-million credit union’s third branch.

MARYSVILLE, Wash. – Alaska USA FCU has opened a new branch in the Haggen supermarket here, its 24th branch in Washington.

As ATM network operators add more complex payments functions, technology providers such as Fiserv and NCR are tweaking the underlying technology to better monitor the machines remotely.

HARRISBURG, Penn. – Pennsylvania State Employees CU, which is building a huge new headquarters, has put its current offices on the market for $9 million.

Independent ATM deployers worry about further reductions in interchange income, network mandates over accepting EMV cards and the possibility of another surge in lawsuits against them — this time over failing to comply with the Americans with Disabilities Act, according to a recent survey.

HOOVER, Ala. – Alabama Telco CU sold its former headquarters building here to Northwestern Mutual Life for $2.1 million.

CO-OP Financial Services hopes the model used in one of the oldest staples of credit union cooperation, the shared branch, can drive new digital commerce innovation such as person-to-person payments and mobile remote deposit capture.

Most large banks are competing to build bigger and better branches, but HSBC is betting that smaller is smarter.

MECHANICSBURG, Penn. – Members 1st FCU is continuing its expansion with plans to open five new branches this year.

Total System Services Inc. will begin processing LINK ATM transactions throughout the United Kingdom this year.

ATMs can serve as more than cash dispensers for gift cards — they can dispense the cards as well, Better ATM Services Inc. says.