Zelle network expands by 15%

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Summary

- The Zelle network has expanded by 15% with the addition of 337 financial institutions, mostly small community banks and credit unions. - This expansion could impact Texas credit unions as it increases competition and potentially access to a larger customer base.

Why It Matters for Texas Credit Unions

Texas credit unions may be affected by the network's expansion, given that many of the added institutions are in their region.

Original Source Material

Most of the 337 financial institutions that were added to the network last year were small community banks and credit unions.