CHICAGO - The switch on those 14 ATMs at two Chicago airports operated by Alliant Credit Union and American Airlines Employees CU of Dallas under a partnership with two banks here has been formally turned on. In a statement, David Mooney, Alliant president and CEO, said the five year-ATM pact which also includes LaSalle Bank and the minority-owned Seaway National Bank, was reached last year with the City of Chicago Department of Aviation. "We're pleased to join LaSalle and our other partners in this ATM agreement," said Mooney. "The emergence of these airport-based ATMs provides an incredible benefit and convenience to our airport-bound members. Perhaps best is the fact that Alliant members can use the new ATMs with no surcharge." The ATMs are located at both O'Hare International Airport and at Midway Airport. Alliant holds a 15% ownership in the ATM venture. Start-up of the ATMs came after the city lifted a ban on banks imposing customer surcharges on ATMs used at the airports. Prior, both airports had exclusive ATM agreements with American Express and US Bank (formerly Firstar Bank). The aviation department solicited new bids, eventually granting two contracts-one of which was awarded to the LaSalle Bank consortium.
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From the March-30, 2005 issue of Credit Union Times Magazine • Subscribe!
Alliant and American Credit Union Debut 14 Airport ATMs
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