News

CU members save $20M with fee-free ATM network

July 26, 2012

Tallahassee-Fla.-based Credit Union 24, the nation's largest credit union-owned ATM and POS network, announced today that its surcharge-free ATM programs have collectively saved credit union members more than $20 million in ATM surcharge fees during the first six months of 2012.

In the 4th annual Credit Union Industry Survey conducted this spring by Credit Union 24, 42 percent of credit unions cited increased use of ATMs by members during the past year. This continues a nationwide trend reported over the past several years by nearly 50 percent of credit unions.

"Consumers require — and always will — fee-free access to their cash, and only within the credit union movement can consumers find the largest surcharge-free ATM access," said Jim Park, president and CEO of Credit Union 24. "Providing this widespread, surcharge-free ATM access is possible because of our network's collaborative business model. The partnerships we have formed over the years with credit unions and other industry providers enable us to provide this valuable savings for credit union members." 

Credit Union 24 offers a choice of several surcharge-free ATM programs, with surcharge-free ATM access to 70,000 ATMs nationwide.

 For more on this topic, visit the trends/statistics research center.