CU24 records near-record transaction rate

CU24 records near-record transaction rate
Tags: Bank / Credit Union, Debit / Credit, EFT Networks, Security, Transaction Processing
October 1, 2006

TALLAHASSEE, Fla. - Credit Union 24 routed more than 16.7 million transactions through its credit union-owned network in August, the second-highest monthly volume for the company. (That number does not include on-us transactions).

In addition, Credit Union 24 signed 17 new credit unions to the EFT cooperative in 2006. In November of 2005, the company converted its switch-processing services from Fiserv EFT to Fifth Third Processing Solutions.