Branch banking

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.

VICTORVILLE, Calif. – Alaska USA FCU has relocated its branch in Big Bear Lake, Calif., to inside a Vons supermarket, across from the old branch.

Summit CU has opened what it is calling an "Inspiration Branch".

BOISE, Idaho – A Las Vegas man was indicted by a federal grand jury yesterday on charges of stealing three ATMs holding more than $56,000 from local college campuses, including two owned by Idaho State University FCU.

MELBOURNE, Fla. – Space Coast CU announced plans this morning to open three new branches and relocate four others as part of an expansion of its 57-branch network.

BURLINGTON, Vt. – Vermont FCU has purchased a long-vacant property in Middlebury, Vt., that used to house a branch of Chittenden Bank.

SAN LUIS OBISPO, Calif. – SESLOC FCU has installed surcharge-free ATMs in Spencer’s Fresh Markets in Santa Maria and Morro Bay.

RENTON, Wash. – Alaska USA FCU has opened an in-store branch in the Safeway east Bremerton.

SIERRA VISTA, Ariz. – American Southwest CU held a grand opening for its expanded offices, a two-story addition to its original building, adding 14,000 square feet of new space.

TRAVERSE CITY, Mich. – Redevelopment funded in part by tax dollars will clean a significant chunk of pollution at an old gas station site where Traverse Bay Area CU is building a new headquarters.

BEAR, Del. – Community Powered FCU announced the opening of its new office and headquarters building here.

COLUMBUS, Ind. – Centra CU has acquired the former Kiel Bros. Oil Co. headquarters to house administrative staff.

CLIFTON PARK, N.Y. – Cap Com FCU has signed a contract with the Shen Board of Education to open a branch inside the Shenendehowa High School East next fall.