As an Amplify member, you’ve probably heard us talk about how credit unions put members first. One of the best examples of that is our participation in the CO-OP Solutions shared branch network. The shared branch network allows credit unions like Amplify to collaborate with thousands of other credit unions across the country to provide in-person services wherever your travels take you. In this article, we will explain the benefits of shared branching and how you can benefit.
Key Takeaways:
- Shared branching allows you to transact at other financial institutions as if they were Amplify.
- The are over 30,000 ATMs and 5,600 branches in Amplify’s shared branch network.
- You can find the shared branch location nearest you by using the online locator.
What is shared branching?
In short, shared branching means that your credit union is part of a network that allows its members to handle transactions at other credit union branches as if they were all one big financial institution. As a member of the CO-OP Solutions shared branch networks, Amplify members can use over 30,000 surcharge-free ATMs and 5,600 shared branch locations nationwide as if they were banking at the credit union down the street.
Why does Amplify participate in shared branching?
As a digital-first financial institution, we pride ourselves on being able to address almost all our members’ needs remotely. However, there are times when you may need to deposit or withdraw money at a physical branch. Our participation in the CO-OP shared branch networks increases our physical footprint and ensures you have access to in-person banking services wherever you need it.
What can I do at a shared branch location?
You can do almost everything you would do at an Amplify branch. This includes:
- Deposit funds to your Amplify checking or savings account.
- Withdraw funds from your Amplify checking or savings account.
- Transfer money between accounts.
- Request cashier’s checks for an upcoming purchase.
If you have questions about specific transactions at a shared branch location, please call our contact center at (512) 836-5901 before visiting an in-network partner.
What will I need to transact on my account?
Banking at a share branch location is very similar to banking at an Amplify location. You will need to provide the personal banker with the following:
- A government-issued photo ID.
- The name of your credit union (Amplify).
- The account number(s) you wish to transact upon.
We also recommend you maintain a receipt of your transaction for your personal records.
How do I find a participating shared branch location near me?
Visit the CO-OP online locator to find the participating ATM or shared branch location nearest you.