Skeptics evaluating the freshly minted PULSE/MoneyPass surcharge free ATM network openly doubt whether many credit unions will be drawn to a partnership with a subsidiary of US Bank, but MoneyPass has built relationships with CUs for some time.

Not only has the largest credit union, Navy Federal, partnered with MoneyPass (among other networks) to provide surcharge free ATM access, other credit unions and credit union leagues have relationships as well.

According to MoneyPass President Doug Miraglia, roughly 50% of the network's participating financial institutions are credit unions, with the rest primarily community banks.

Miraglia explained that credit unions already participating in PULSE will be able to easily join MoneyPass. Doing so will mean their members will get surcharge free access to MoneyPass ATMs but that it also agrees not to surcharge cardholders from other MoneyPass participating institutions, in a manner similar to the way CO-OP Network operates. But, in an approach that resembles CO-OP competitor Allpoint, they will also face a small access fee for MoneyPass participation, Miraglia added.

Also echoing a CO-OP Network phrase, Miraglia noted that using MoneyPass will be enable credit unions to have "as many ATMs as Bank of America."

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