New Jersey Shared Branching Network Finally Gets Some "Southern Exposure" with Addition of ABCO FCU

Posted by Marissa Anema Friday, January 13, 2012 10:02:00 AM

HIGHTSTOWN, N.J. – ABCO FCU, with $156,697,541 in assets and 31,137 members, headquartered in Rancocas, recently joined the shared branching network as an Issuer and Acquirer. This fills a longtime gap in South Jersey.

Six of ABCO’s nine branches, located in Rancocas, Atlantic City, Browns Mills, Egg Harbor, Glassboro and soon to open branch in Mount Holly, will be Acquiring outlets. The credit union is holding staff training later this month and is expected to roll out the program to their members by early March.

More positive news for the network comes with the addition of Bard Employees FCU, with $20,243,887 in assets and 2,162 members, to the network as an Issuer only. The credit unions’ headquarters is located in Murray Hill, N.J. Bard EFCU has branch offices in South Carolina and Georgia. They will be trained and be ready to roll out the program to their members by mid-March.

For questions or additional information on the Shared Branching Network, contact John Hendery at jhendery@njcul.org or 1-800-792-8861 ext. 108.

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