Financial Services Industry
Industry: Email Alert RSS FeedAllpoint Acquisition Boosts Cardtronics
Credit Union Journal, The, February, 2006 by Ed Roberts, Washington Bureau Chief
Cardtronics, the nation's largest ATM company, continued to make major inroads into the credit union movement last week with an announcement it has acquired Allpoint, the growing, surcharge-free ATM network popular among credit unions.
The deal will give Cardtronics, operator of 26,400 ATMs, access to members of as many as 130 credit unions that are members of Allpoint, the three-year-old network that was started up by Cardtronics, Fiserv, Diebold and several private investors. Allpoint claims a total of 275 financial institution members.
Among the credit unions signed on to Allpoint are Pentagon FCU, Delta Community CU, State Employees CU (Maryland), Hudson Valley FCU, Eastman CU, IBM Southeast Employees FCU, ORNL FCU, Andrews FCU, Hanscom FCU, Pegasus CU, Genesis...
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