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CO-OP Network Brings Surcharge Free ATMs To Costco

RANCHO CUCAMONGA, Calif. -- Beginning today, credit union members whose institutions participate in the surcharge free CO-OP Network will be able to get surcharge free access to their ATMs at 321 Costco Wholesale warehouses around the country, the network said.

"While more than 80% of CO-OP Network transactions are performed at credit union ATMs, our members have asked us to create strategic partnerships with retail chains, where their cardholders already conduct business day-to-day," said Stan Hollen, President/CEO, CO-OP Financial Services, the parent CUSO for CO-OP Network. "We started by providing surcharge-free ATM access at 5,500 7-Eleven locations across the country, a relationship we began two years ago that now produces more than two million transactions every month."

Hollen said that the new relationship deepens the ties between CO-OP and Cardtronics, the firm which also operates 7-11's ATMs and that he expected the 7-11 ATMs to begin accepting deposits for CO-OP as well.

"Working together, we'll soon add deposit-accepting capabilities to ATMs in 2,000 7-Eleven stores, bringing CO-OP Network's deposit-taking ATMs to more than 8,500," said Hollen.
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