News

Nevada credit union outsources ATM management to eFunds

August 24, 2003

SCOTTSDALE, Ariz. -- WestStar Credit Union, a $140 million Nevada financial institution serving more than 30,000 employees in licensed gaming, has selected eFunds Corporation's (Nasdaq: EFDS) ATM Solutions to manage its off-premise ATMs.

Under the terms of the agreement, eFunds will provide complete management of WestStar's ATMs located at Bally's, Imperial Palace, MGM Grand, Venetian, Paris Las Vegas and Rio, from ATM installation to transaction processing.

The WestStar-branded ATMs will provide access to all the major networks, including the Co-Op Network, the Ontario, Calif.-based network for which eFunds provides transaction processing and provides surcharge-free ATM access for Co-Op members at some 6,500 merchant-owned ATMs. (See related story ISOs getting brand conscious)

David McCrary, vice president of National Sales, ATM Solutions for eFunds, said the turnkey program lowers WestStar's cost to manage its ATMs and provides its members with convenient ATM locations at their casino worksites.

"eFunds' ATM management outsourcing solution allows us to serve our membership, the employees of the gaming industry in Las Vegas and throughout Nevada, while minimizing the overall cost of off-premise ATM deployment and management," said Dan Paulson, WestStar Credit Union's chief executive officer and president, in a news release.

WestStar also uses ChexSystems, eFunds' account-opening service that helps identify customers who may have a propensity for DDA abuse.