Five Credit Unions Join Credit Union 24 Network in Q1 2010, Seven Credit Unions Renew Long-Term Contracts
Credit Union 24, the country’s largest credit union-owned ATM and point-of-sale network, announced today that five credit unions have joined the network in Q1 2010, representing more than $209 million in assets and more than 34,000 members. Seven credit unions have also renewed long-term contracts with the network during the same time period, representing more than $1.7 billion in assets and more than 229,000 members.
“Beginning 2010 by initiating five new credit unions into the Credit Union 24 network and renewing contracts with seven credit unions is an excellent start to the year,” said Jim Park, president and CEO of Credit Union 24. “This success directly reflects our dedication to helping our participants serve their members by implementing new products and services that meet the needs of their membership, in addition to providing competitive interchange income and the nation’s largest surcharge-free ATM access. Credit Union 24’s credit union-owned foundation gives each of these credit unions an active voice within the financial services industry that helps advance the financial well-being of their members long into the future.”
The five new credit unions to join the Credit Union 24 network include:
· First Educators Credit Union – Birmingham, Ala.
· Jefferson County Employees Credit Union – Birmingham, Ala.
· LES FCU – Baton Rouge, La.
· Mosaic FCU – Harrisonburg, Va.
· Rivergate FCU – Portland, Ore.
The seven credit unions that renewed long-term contracts have relationships with Credit Union 24 that extend as far back as 1989, and route more than 6.6 million transactions annually through the Credit Union 24 network. The seven renewing credit unions include:
· City County Employees Credit Union – Clearwater, Fla.
· Florida Baptist Credit Union – Jacksonville, Fla.
· Fulton Teachers Credit Union – Hapeville, Ga.
· MAX FCU – Montgomery, Ala.
· Prince George’s Community FCU – Upper Marlboro, Md.
· Twin Star FCU – Olympia, Wash.
· WECCU Credit Union – Covington, Va.
About Credit Union 24, Inc.
Credit Union 24 is a flexible, member-owned, full-service, deposit-taking ATM and POS network with multiple processor links, hundreds of thousands of POS locations at national retailers and local merchants, and more than 100,000 ATM terminals across the country. Credit Union 24’s CU HERE surcharge-free programs combine to create the largest surcharge-free ATM presence in the country. Headquartered in Tallahassee, Fla., the Credit Union 24® Network is a strong, growing and independent EFT cooperative and is the largest credit union-owned ATM and POS network in the U.S. For more information about Credit Union 24, please visit www.cu24.com.