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.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 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.