Credit Union 24 moves ATM, POS network to Fifth Third Processing

Credit Union 24 moves ATM, POS network to Fifth Third Processing
Tags: Bank / Credit Union, EFT Networks, North America, Other, Transaction Processing, Vantiv
January 3, 2007

TALLAHASSEE, Fla. - Credit Union 24, a credit union-owned ATM and POS network, has completed its switch-processor conversion from Fiserv EFT to Fifth Third Processing Solutions.

According to a news release, the conversion, announced in early 2006, had all processors, clients and network volume migrated within the targeted schedule.

One of the first benefits of the new switch-processing environment includes a complete overhaul to the network's fee schedule, Credit Union 24 says, along with a substantial increase in interchange income for member credit unions.