CO-OP Financial Services, the parent CUSO of the popular CO-OP Network of fee-free ATMs, is working with a Seattle-based credit union to bring fee-free ATM services to largely unbanked populations.
The $9.2 million Express Credit Union has deployed customer service representatives to 12 local nonprofits to help them offer financial services to the underserved people who are the nonprofit's clients. While the clients on site can use the Express representatives to conduct some of their transactions, they generally have not been able to access cash. Enter CO-OP, whose partnership has enabled Express to offer those Express members access to ATMs around the city.
Through CO-OP Network, Express CU now provides its members with access to more than 150 ATMs in Seattle, 1,000 in Washington and 28,000 nationwide, 9,000 of which access deposits, CO-OP said.
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