The Allpoint Network has announced a deal with the $128 million Actors Federal Credit Union that will move the ATM network onto an additional 215 ATMs in New York City.
|Actors Federal has long built an ATM niche in the New York City Metropolitan Area by putting cash dispensing ATMs in McDonald's restaurants in the area and has more than 200 machines in the fast food outlets. Allpoint has built an ATM niche by offering credit unions and other financial institutions fee free ATM access for their card holders in exchange for a monthly fee.
|"New York City is an important market for Allpoint. Adding surcharge-free ATMs at high profile retail locations such as McDonalds drives value for our member institutions and the 25 million cardholders they serve," said Ben Psillas, president of Allpoint. "Allpoint has a proven track record of reliably driving their cardholders to surcharge-free ATMs that participate in their network. We look forward to seeing our locations featured across their technology offerings and the new transactions that it will bring," said Jeff Rodman, president of Actors Federal Credit Union.
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? Sign In
© 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.
