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CU 24 adds 582000 members in first quarter
TALLAHASSEE, Fla. (4/28/09)--Credit Union 24, a credit union-owned ATM and point-of-sale (POS) network, announced Monday the addition of four credit unions to its network and 12 long-term contract renewals in the first quarter of 2009. They represent a total of more than $4.3 billion in assets with 582,000 members. The 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 return on investment 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 FCU in Miami, Fla. He added that it would save members thousands on ATM surcharge fees. The four new credit unions that joined the network are Avestar CU, Bloomington, Minn.; Dade County FCU, Miami, Fla.; O.U.R. FCU, Eugene, Ore.; and Toro Employees FCU, Bloomington, Minn. The 12 renewing credit unions signed up to five-year contracts.


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