Credit Union 24 adds 582,000 members in Q1 '09

These new and renewing credit unions cited the long- and short-term benefits of credit union-owned POS and nationwide surcharge-free ATM access as vital tools in growing and retaining membership.

"One of the many reasons for joining the Credit Union 24 network is the value and ROI generated for our credit union and our members as a result of being a member-owned POS network," said George Joseph, manager of Dade County Federal Credit Union in Miami. "Not only will we recognize increased interchange income and save our members thousands on ATM surcharge fees, we are also part of a select group within the credit union movement that has a direct choice and voice on our POS offering and the value that it brings to our existing and future members."

The four new credit unions that joined the Credit Union 24 network are Avestar Credit Union in Bloomington, Minn.; Dade County Federal Credit Union in Miami, Fla.; O.U.R. Federal Credit Union in Eugene, Ore.; and Toro Employees Federal Credit Union in Bloomington, Minn. 

"This network expansion illustrates how the Credit Union 24 network offers flexible programs that can enhance credit unions' bottom line, as we're constantly working with credit unions to find solutions for their unique needs and help them attract and retain members," said Jim Park, president and chief executive of Credit Union 24. "The ultimate goal is to deliver superior financial products and flexible service to credit union members, and these credit unions have recognized the financial power that comes from joining a member-owned cooperative."