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Credit Union 24 Suggests Power in CU Ownership

Credit Union 24, the large credit union owned ATM and EFT network that is headquartered in Florida, said that there are indications that credit unions have begun to put a greater value on credit union ownership of their vendors and networks.

By David Morrison | Updated on August 28, 2007

TALLAHASSEE, Fla. — Credit Union 24, the large credit union owned ATM and EFT network that is headquartered in Florida, said that there are indications that credit unions have begun to put a greater value on credit union ownership of their vendors and networks.

“When a consumer of an organization’s product or service has an ownership interest in that organization, it stands to reason that the organization is compelled to act in the best interest of that consumer,” explained Jim Park, president and CEO of Credit Union 24. “That model is paramount to the success of the credit union movement.”

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