The credit unions in Puerto Rico have opted to use Cardtronics, the biggest independent ATM deployer in the country, to manage their ATM programs, the company said.

The three credit unions, Cooperativa San Rafael, GerenCoop and PuebloCoop, have chosen Cardtronics to provide a full service option which could provide everything from ATM placement, transaction processing, cash management, customer service, maintenance and more, the company added.

"Looking outside our own organization for the hardware, transaction processing and ancillary services necessary to operate an ATM network marks a point of departure for both Cooperativa San Rafael and the Puerto Rican financial services market at large," said Rafael Mercado, president, Cooperativa San Rafael. "Launching a new ATM network strategy with the assistance of Cardtronics delivers the immediate benefits of reduced operating costs, passing ATM regulatory concerns to Cardtronics and gaining the flexibility to time-efficiently and cost-effectively grow our ATM network as needed."