In response to a wave of disruption in the ATM services industry, Members ATM Alliance (MAA), a CUSO managed by LEVERAGE, has acquired the operations and active contracts of ShareNet, Inc., expanding its footprint and reinforcing its commitment to credit union stability.
The acquisition came after major outages left credit unions in Florida, New York, Arizona and New Mexico without reliable ATM service. Credit unions in a dozen states suffered through an ATM outage in April after ATM Solutions Inc. abruptly ceased operations.
ShareNet founder Ray Davis, who had previously exited the company, returned to restore service and ensure continuity for affected institutions.
His efforts ultimately led to a smooth transition of operations to MAA.
Through the deal, MAA adds 17 credit union partners to its network, delivering uninterrupted access to ATM and Interactive Teller Machine (ITM) outsourcing services.
“This move isn’t just about growth — it’s about showing up for credit unions when it matters most,” Kyle Fowler, vice president of MAA, said. “As other providers exited the market, we saw a clear opportunity to lead with stability, innovation and purpose.”
MAA offers flexible, credit union-centric ATM and ITM outsourcing solutions. With this expansion, the organization continues to position itself as a reliable, mission-driven partner for credit unions nationwide.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.