Shared Branching

For many years, the big banks held one significant advantage over credit unions: Locations, locations, locations!

That advantage is a thing of the past, thanks to Co-Op Shared Branches!

Coosa Pines FCU is a member of the Co-Op Shared Branches which gives credit union members over 5,000 convenient locations in the United States at which to make transactions on their Coosa Pines FCU accounts.

For a listing of locations coast to coast, along with hours and turn-by-turn directions, visit the web site http://www.co-opsharedbranch.org/. These locations may be branches of other participating credit unions or Co-Op Shared Branching offices. 

Service Center Transactions

The following transactions may be completed at a Co-Op location:
  • Deposits (by cash or check)
  • Withdrawals (by cash or check)
  • Transfers 
  • Loan payments
  • Balance inquiries

 

The following transactions may not be completed at a Co-Op location:
  • Open a Coosa Pines FCU account
  • Close a Coosa Pines FCU account
  • Obtain a transaction history on a Coosa Pines FCU account
  • Cash third-party checks – For example: a non-member can not present a check drawn on a Coosa Pines FCU account to a Shared Branching location for cashing. The check must be cashed at a Coosa Pines FCU branch location.

Co-Op Shared Branches Identification Policy

When visiting a Shared Branch, CPFCU members must present a valid, non-expired ID and their CPFCU member number. 

Acceptable IDs include:
  • State-issued Driver's License
  • State-issued Non-Driver's License or ID
  • Military ID
  • Passport
The following will NOT be accepted for identification:
  • Expired Temporary Driver's License
  • Expired Driver's License
  • Company/ Employer Picture ID
  • School ID
When Visiting a Co-Op Shared Branches
  • You will be asked to complete a Service Center deposit/withdrawal slip,
  • Provide your Coosa Pines FCU member number,
  • Provide a valid (non-expired) state-issued drivers license or state-issued non-drivers license identification card,
  • Verify and sign a completed receipt, 
  • And place a right thumbprint on a check over $50.00 to be deposited or cashed.

Co-Op Shared Branches Check Policy

Coosa Pines FCU has allowed that funds from certain checks deposited at a Co-Op Shared Branch will be made immediately available for withdrawal.  However, there are instances in which a hold may be placed on funds deposited by check at a Shared Branch. In some cases, funds may not be available for withdrawal until the fifth business day after the day of deposit, depending on the type of check that is deposited. However, the first $200 of the deposit will always be available on the first business day after the day of the transaction. 

Funds from the following types of checks will likely be placed on hold:
  • Local Checks – If the account balance does not exceed the amount of the check
  • Non-local Checks
  • Unfamiliar Business or Payroll Checks
  • Insurance Drafts
  • Counter or Starter Checks
  • Cashier Checks or Official Checks
  • Money Orders

NOTE: Longer check holds may apply when you visit a Co-Op Shared Branch. If you will need the funds from a deposit right away, or have any questions regarding your account, you should contact any Coosa Pines FCU branch to speak with a Member Service Representative regarding your transaction. Please remember that employees at Co-Op Shared Branch locations are not able to release a Coosa Pines FCU deposit hold or to answer questions regarding your account that are not specifically related to your transaction or current balance(s). Transactions performed at Service Center locations are subject to the fees, rules, policies, and procedures of the Co-Op Shared Branches Network.