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$10 Million Connecticut CU Makes A Splash With Allpoint
MILFORD, Conn. -- The $10 million Milford Federal Credit Union made the local edition of the Connecticut Post when it announced that it had signed up with the Allpoint Network, a nationwide ATM network which is a subsidiary of Cardtronics, the nation's largest independent service organization ATM deployer.
With Allpoint, the CU's more than 1,900 members will be able to access ATMs nationwide without paying a surcharge while the CU will pay a monthly fee to Allpoint for the service. The CU does not have its own ATM, but issues Visa branded checklink cards which serve as ATM cards.
The move is a big one for the CU whose only office is on the second story of Milford's government center. The office has the CU's three tellers and a small back office, the report said.
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