NEW YORK - A CU which lost million of dollars in ATM theft after the September 11 attacks now has more than 100 of the machines in place. The new ATMs belong to the $1.1 billion Municipal Credit Union and will serve members at the Kings County Hospital in Brooklyn as well as on East 149th street in the Bronx, the credit union said after it placed the latest eight. "These new ATMs are further proof of MCU's delivery on its commitment to increase member touch points and provide 24/7 access to their funds," said Carol Gonzalez, senior vice president at the credit union. The ATM placement keeps Municipal firmly in second place among credit union ATM deployers in the Big Apple. The $87 million Actors Federal, with 176 ATMs, leads the pack. In the days after the September 11 attacks, some of Municipal's members stole almost $15 million from its ATMs which had been out of contact with the credit union but which continued to allow withdrawals. The credit union has always maintained that it considered it more important to provide members' access to their funds than to shut the ATMs down. The credit union also recovered the bulk of the money.
From the April-06, 2005 issue of Credit Union Times Magazine • Subscribe!
Municipal Credit Union's ATMs Pass 100
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