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CU System
CUANM helps pay waived prepaid-card ATM fees
ALBUQUERQUE, N.M. (8/20/09)--The Credit Union Association of New Mexico (CUANM) presented a check Aug. 13 to CU Anytime, an ATM network, to help pay for fees that the network waived for prepaid debit cards issued by a state agency.
Credit Union Association of New Mexico (CUANM) board Chairman William Jacobs, left, and CEO Sylvia Lyon present a check for $10,000 to Don Gray, president of CU Anytime ATM network. CUANM returned a portion of surcharge fees that CU Anytime waived for New Mexico residents, who used a prepaid debit card from the state Workforce Solutions division at the ATMs, to access unemployment benefits. (Photo provided by the Credit Union Association of New Mexico)
CUANM had announced in April that the state’s regional ATM network would waive the fees. New Mexicans receiving unemployment benefits from the New Mexico Workforce Solutions division do not incur the $1.75 ATM fee at CU Anytime ATMs when using the card to conduct transactions. There are 27 credit unions in the ATM network, with 170 locations in New Mexico and seven in El Paso, Texas. CUANM has committed to return a portion of the funds that CU Anytime would have received from surcharge fees, announced CUANM President Sylvia Lyon. “In tough times after losing a job, every little bit helps,” Lyon said. “We’re pleased that people facing unemployment in New Mexico were able to get a break on these fees and we’re glad to help them out.”
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