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ONTARIO, Calif. - Co-Op Network has issued a white paper titled "Managing ATM Capital Investments: Strategies for Credit Unions," which provides a guide for navigating regulatory requirements and ATM upgrade options now and in the future.

According to a news release, the paper addresses shifts in the ATM industry, ranging from ATM saturation to mandatory upgrades, that have necessitated credit unions alter their business strategies to help minimize unexpected capital expenditures.

"Credit unions currently own more than 20,000 ATMs, half of which participate in Co-Op Network, and the mandated changes/product upgrades confronting every ATM owner range from $1,000 up to $35,000 per machine," said Robert Rose, Co-Op Network's chiefexecutive, in the release. "During the next year-and-a-half, when most of the mandates come to fruition, credit unions could be facing $200 million in potential ATM capital investments."

Among topics cited in the paper are Triple DES technology, EPPs (encryption PIN pads), ADA (Americans with Disabilities Act) compliance and new technologies such as Windows-based ATM operating systems.

"Managing ATM Capital Investments," which outlines how credit unions can evaluate and budget for the array of upgrade options in the ATM marketplace, is available at Co-Op's Web site.

"We developed this white paper to help member credit unions embrace change within the industry and also adopt measures that will support prudent capital budgeting," said Jim Hanisch, Co-Op Network's executive vice president of Corporate Development.

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