TALLAHASSEE, Fla. – Credit Union 24, one of the country’s two remaining ATM networks owned by credit unions, has announced that it will move its switching business from Fiserv to Fifth Third Processing Solutions. Fifth Third has a long standing relationship with Credit Union 24, the network explained, as well as a close affiliation with other credit unions and credit union networks. Moving to Fifth Third would allow the network to offer its members improved pricing as well as more products and services, the network added. “This decision is a result of the continuous review of our strategic business direction,” said Credit Union 24 Board Chairman Bob Fisher. “We’re always looking to improve our products and processes, and feel that this transition is in the best interests of our member owners. This reaffirms our commitment to provide credit unions with the best combination of customer service, products and pricing in the market today.” Jim Park, CEO of Credit Union 24 said that while the move will be transparent to the network’s members, it represents significant work for the network. But he added that it was worth it because the move to Fifth Third will enable the Network to offer new products and services to its CU members, though he declined to discuss what those new products and services might be. He also said the move would occur gradually, over 18 months and would proceed processor to processor.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.