TALLAHASSEE, Fla.- Credit Union 24 has entered into a sharing relationship with the EDS-owned ACCEL/Northwest Exchange Network. The arrangement will expand CU24′s reach in the West and Canada, as its credit unions will have access to over 6,000 Northwest Exchange ATMs. The ACCEL POS network has over 60,000 merchant locations with about 110,000 terminals located throughout the United States. Prior to the arrangement CU24 had nearly 400 participants and a presence in 20 states.
The equity distribution was the second since the Temporary Corporate Credit Union Stabilization Fund was merged with the SIF.
The drop suggests the housing market is still struggling as buyers strain to find affordable options.
PSCU also announced that almost 50% of its employees completed training on the significance of the credit union movement.
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