FOR IMMEDIATE RELEASE

Contact: Micah J. Parker
Communications Manager, FSCC
(888) 372-2669 ext.1239
mparker@ fscc.com

Convenience Not an Issue for Many Credit Unions As Bank Transfer Day Approaches

ONTARIO, CA – November 2, 2011 — FSCC (Financial Service Centers Cooperative, Inc.), the nation's largest and most convenient shared branching network with over 6,700 locations is reassuring consumers that convenience is not an issue for those seeking to support Bank Transfer Day by transferring their accounts to credit unions.

There are over 1,600 credit unions that participate in the CU Service Centers Network, a cooperative organization that facilitates shared branching among credit unions. Shared branching allows members of one participating credit union to use the branches of another or use designated service centers or self-service kiosks.

The CU Service Centers Network gives members of participating credit unions access to over 4,500 credit union branches and over 2,200 kiosks in all 50 states and two U.S. territories. This cooperation among credit unions allows them to operate locally while offering the same level of national service offered by the top five U.S. banks. Only credit unions, with their focus on member-owners, can achieve this level of cooperation and convenience.

In recent days, consumer attention has focused on credit unions as Bank Transfer Day, November 5th, approaches and Wall Street’s Occupy Movement moves into its second month. Upset with rising banking fees and debit card charges, including the $5 debit card fee Bank of America had previously announced and since renounced, consumers are being encouraged by Bank Transfer Day organizers to switch their accounts to credit unions or community banks. Bank of America and other major banks have backed off adding fees for the present.

While many consumers may wish to move to credit unions, they fear the loss of convenience of thousands of branches and ATMs offered by banks. That fear is unfounded as evidenced by the convenience of the CU Service Centers Network. With 4,500 credit union branches and more than 2,200 financial services kiosks, with locations in every state, Puerto Rico, Guam and three foreign-based U.S. military bases, convenience is assured.

“We, at FSCC, have been preaching the advantages of credit unions for decades. And we’re confident that when consumers experience the high-level of convenience, service, and assistance our member credit unions deliver, they’ll wonder why they waited so long to switch,” said Sarah Bang, President/CEO, FSCC.

About FSCC (Financial Service Centers Cooperative, Inc.)

FSCC is the nation’s largest and most convenient credit union Shared Branching Network providing over 6,700 full service deposit-taking locations in all 50 states. FSCC’s can be summed up in three words: Connectivity, Continuity, and Convenience. Dedication to all three of these values inspired FSCC to create the Collaborative Innovation Model, or CIMple, bringing to the table a full suite of electronic and personal member service tools. FSCC is also the innovator behind 24/7 shared branching at more than 2,200 7-Eleven® Vcom® units. FSCC credit unions represent $149.4 billion in total assets and 12.3 million members. Since 1999, FSCC has returned over $15.5 million to its members through patronage dividends, rebates and return of capital. For more information, please visit http://www.fscc.com or call 888-372-2669 ext. 1236.