KeyCorp signs deal with Navy Federal Credit Union

KeyCorp signs deal with Navy Federal Credit Union
Tags: Bank / Credit Union, Bank Automation, Debit / Credit, North America, Transaction Processing
May 11, 2008

CLEVELAND — Cleveland-based KeyCorp has signed an agreement with Navy Federal Credit Union to provide Navy Federal's 3 million members with surcharge-free access to Key's 1,500 ATMs, located in 12 states. Surcharge-free access for Navy Federal members began in March 2008.

Through Key's agent bank program, credit unions and community banks can provide their members and customers surcharge-free ATM access through a shared network.

Under the deal, Navy Federal members can access Key's ATMs for withdrawal, transfer and inquiry transactions.