Inclusiv to provide credit union members with access to Citi ATM Community Network
NEW YORK, NY (May 3, 2023) — Inclusiv and Citi are proud to announce the expansion of the Citi® ATM Community Network to include participation by 14 new Inclusiv member credit unions. Inclusiv’s network of mission-based credit unions dedicated to serving low/moderate-income communities and communities of color will deepen the Citi® ATM Community Network’s reach in these communities.
Launched in 2016, the Citi® ATM Community Network enables members of participating credit unions and community banks to make cash withdrawals without a surcharge fee at more than 2,300 Citibank branch ATMs in the United States including those in New York, greater Miami, Washington, D.C., Chicago, San Francisco, and Los Angeles metropolitan areas. The Citi® ATM Community Network helps enable participating institutions to reduce costs and provide convenient ATM access to their customers. Each participating institution also waives any out-of-network fees they may charge to their customers for using Citibank ATMs.
An additional 14 credit unions are joining the Citi® ATM Community Network and bringing these benefits to their members. This expansion brings the total number of participating credit unions, community banks and minority-owned banks to 52, with a collective reach of over one million customers, many of which are low/moderate income and/or people of color.
Founded in 1974, Inclusiv empowers its member credit unions to advance financial inclusion for everyone through advocacy, education, technology, and investment initiatives designed to create wealth-building opportunities in communities excluded from the financial mainstream.
Inclusiv was instrumental in establishing the Community Development Financial Institutions (CDFI) Fund in 1994, is a certified CDFI intermediary, and a permanent member of the national CDFI Coalition.
As financial cooperatives committed to investing in strong and healthy communities, credit unions are vehicles for change, deploying capital to support local community solutions to seemingly intractable problems. These lenders are now working to fight for climate justice and addressing the disproportionately high energy costs that low-income communities and communities of color face across the nation.