Ascentra Honored As 500Th Branch by CU Service Network

355 Union Blvd., Ste. 301, Lakewood, CO 802281710 Grant Street, Bettendorf, IA 52722

MEDIA CONTACT:

Alicia Disantis Weston, Marketing Specialist

Phone: 720-945-7244 Email:

Ascentra Honored as 500th Branch by CU Service Network

Shared Branching Expands Ascentra Services to
Over 5,000 Locations Nationwide

BETTENDORF, IA (December 11, 2014) – We are excited to announce that Ascentra Credit Union, with 11 branches throughout the Quad City area, is to be honored as the 500th shared branch for CU Service Network (CUSN). Ascentra CU is one of Iowa’s largest credit unions with 34,000 members, and their addition to shared branching network is hugely valuable. Credit Union growth in the state has boomed, and Iowa boasts over a million credit union members.

“Ascentra knows the importance of adding convenience for our members and future members and shared branching is one way we can be there for those traveling, college students who move away, and snowbirds,” Ascentra President & CEO Dale Owen said.

Ascentra’s gateway to shared branching is through CU Service Network (CUSN) which is a network of seven states that help make up the nation-wide shared branching network. Recently Ascentra was honored as the 500th shared branch of CUSN at a presentation that brought in representatives from the Iowa Credit Union League.

“To be the 500th shared branch of CUSN is an important milestone for Ascentrawhich speaks to the cooperative spirit of the credit union movement,” Dale Owen said. “Together all shared branching credit unions now have a footprint as prominent as the largest banks in the country.”

Shared branching in Iowa has grown exponentially in the past two years. By the end of the year, Iowa will have a 75 percent increase in shared branch locations. Iowa is shaping the national landscape for the credit union movement, and Ascentra plays a valuable part in it.

About CU Service Network:
CU Service Network, LLC was founded in 1992, to help participating credit unions reach more members in areas outside of their office radius, offering products and services that connect members to their credit unions. Credit Unions own the network, and it has a volunteer board to govern the direction of the organization. To learn more, email . Follow CU Service Network on Twitter at: . Media representatives, contact our Marketing Specialist, Alicia Disantis Weston, at 720-945-7244 or for additional information.

About Ascentra Credit Union:
Founded in 1950, Ascentra Credit Union, is Iowa's premier credit union with more than $340 million in assets and 10 branches serving the communities of Bettendorf, Clinton, Davenport, Le Claire, Muscatine, Iowa and Moline, Ill. Learn more about Ascentra Credit Union at ascentra.org. Follow Ascentra on Facebook and on Twitter @ascentra.

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