ONTARIO, Calif. - The CO-OP Network has beefed up its ATM presence in Michigan with the acquisition of the Quantum Network from eFunds. The deal brings 45 Michigan credit unions and 196 ATMs to the CO-OP Network. "Our expansion in the Great Lakes region continues our corporate goal to enhance national access for our members," said Bob Rose, president/CEO of CO-OP Network. "It's a positive development for Michigan credit unions and other CO-OP Network credit unions that have members in this region," said Rose. CO-OP Network currently has 3,700 surcharge-free ATMs in its network spread across 32 states. Prior to this deal, CO-OP Network had a small ATM for presence in Michigan. When the conversion is complete in September the Network transaction volume will increase by 1.9 million per month.
CO-OP Network acquires Michigan EFT network
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