Credit Union 24 reported that its fee-free machines have saved consumers more than $20 million in the first six months of 2012.
Survey by ATM/POS network found 53% say membership grew, nearly half attribute that to Bank Transfer Day.
Even if it’s only the first quarter of 2012, Credit Union 24, a leading credit union-owned ATM and point of sale network, is reporting strong growth this year.
Credit Union 24 has opted not to hold its 30th anniversary conference on a cruise.
The 14-question survey will be available online until the exhibit hall closes at the 2012 CUNA Governmental Affairs Conference.
Florida State University CU CEO Bradley Blake succeeds Mansel Guerry.
Credit Union 24's board of directors has chosen to remain under the leadership of Mansel Guerry for a fourth term. Guerry has served as chairman of the credit union-owned ATM and POS network since 1998.
Mississippi CEO continues as chair, serving on the board since 1998.
Now that regulations implementing the Durbin amendment are finalized–at least for the short term–credit unions have to decide how many debit networks they want and if they have to join any.
One the executives whose work helped establish check imaging in the U.S. warns that more credit unions need to pick up the technology or risk a competitive disadvantage with banks.