UsNet - Universal Sharing Network - Credit Unions

Credit unions can participate in the UsNet shared branching network in two ways, as an issuer or as an issuer and acquirer.

Issuer Credit Unions allow their members to conduct transactions at participating stand-alone facilities or at cooperating credit union branches (CU Service Centers). As an issuer, you offer members the convenience and full flexibility of locations beyond your branch(es) where they can conduct financial transactions. Issuer Program: Steps to become an Issuer.

Acquirer Credit Unions open one or more of its branches to serve as a CU Service Center, conducting transactions for members of other credit unions. If there are a number of issuers in your area, you may find it beneficial to become an acquirer. Acquirer Program: Steps to become an Acquirer.

CU Service Centers provide one or more dedicated teller stations housed in a credit union that are equipped to accept transactions from members of other credit unions that participate in the shared branching network.

Transaction Fee Schedules

Member Transactions:

Members can access any of their accounts and services including:

Deposits

Withdrawals

Transfers between accounts

Account inquiries and statement printing

Loan payments*

Money orders*

Travelers checks*

Loans*

* These transaction options are customized per credit union and may not be available at every credit union.

Program Overview:

Members are never assessed a fee by an acquirer credit union.

Once a transaction occurs, account information is updated immediately.

Transactions settle automatically.

Fees between participating credit unions settle automatically.

Informational reports are provided daily.

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P.O. Box 15118 | Albany, NY 12212-5118 | T 518.437.8100 | 877.876.3823 | F 518.437.8500

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