Allpoint Network Expands Surcharge-Free ATM Horizons for Xceed Financial Credit Union
October 27 2011 - 7:30AM
Allpoint Network, a Cardtronics, Inc. affiliate (Nasdaq:CATM), and
operator of the largest surcharge-free ATM network, today announced
that El Segundo, Calif.-based Xceed Financial Credit Union (Xceed
FCU) has substantially increased its multi-network surcharge-free
ATM access program by adding Allpoint Network cash machines. With
the inclusion of all 43,000 domestic and international Allpoint
Network ATMs, Xceed FCU members now have surcharge-free account
access at more than 65,000 ATMs on the East Coast, West Coast and
all points between.
Operating as Xerox Federal Credit Union for nearly 40 years,
Xceed Financial Credit Union has amassed a geographically-diverse
membership 62,000 people strong. Serving the face-to-face needs of
its membership, the credit union has established 15 Xceed FCU
Financial Centers, found in California, Connecticut, Illinois, New
Jersey, New York and Texas, to extend the service footprint of its
corporate headquarters in California.
Enhancing the value of its multi-channel customer service
network, Xceed FCU now looks to Allpoint Network for expanded ATM
account access — with Allpoint providing the convenience of
surcharge-free ATM access inside the retail stores most relevant to
people's day-to-day lives. In the six states featuring Xceed FCU
Financial Centers, as well as coast-to-coast across the union,
Allpoint Network grows the quantity and convenience of
surcharge-free ATMs available to Xceed FCU members.
Relationship Expansion
By electing Allpoint Network participation, Xceed FCU expands a
relationship that began with LocatorSearch, a leading provider of
"geolocation" search technology that Cardtronics acquired earlier
this year. Making Cardtronics' LocatorSearch functionality
available at its Website, as well as the "Xceed Financial Credit
Union" iPhone application available for free download in the Apple
App Store, Xceed FCU has empowered its members to locate on-demand
the nearest financial center, surcharge-free ATM (regardless of
ownership or network) or deposit taking ATM.
- Try it out: http://bit.ly/i2xqVD (Xceed FCU
location finder)
"Xceed is committed to always be at work for its members, and
that includes investing in technology that enhances account access
in the places where our members live their lives. Allpoint Network
ATMs — fixtures in the discount retailers, convenience, grocery and
pharmacy stores known to all Americans — not only save our members
the surcharge, they save them time," said Kathryn Davis, senior
vice president, Xceed FCU.
"ATMs continue to serve a critical role in the overall landscape
of remote banking and payments," said Ben Psillas, president,
Allpoint Network. "What Allpoint Network delivers to Xceed is
ubiquitous ATM account access that complements brick-and-mortar
financial centers, Xceed Online Banking and telephone customer
service — putting Xceed at the forefront of convenient,
personalized access."
About Xceed Financial Credit Union
Headquartered in El Segundo, Calif., Xceed Financial Credit
Union is a federally chartered workplace credit union that focuses
on meeting the needs of businesses and their employees throughout
the United States. The credit union started in 1964 as Scientific
Data Systems Credit Union and later became Xerox Federal Credit
Union in 1970. A new name and brand identity were launched in 2008
to reflect its expanded field of membership and new business model.
Xceed delivers personal banking and financial literacy directly to
"select employer groups" (SEGs) and is proud to help more than
62,000 members realize their dreams. Xceed Financial has more than
$720 million in assets and 15 Financial Centers in six states.
About Allpoint
Allpoint is the largest surcharge-free ATM network with over
43,000 ATMs in leading national and regional merchant locations
across the United States, Mexico, United Kingdom and Australia.
Allpoint provides greater access, convenience and savings to
customers of financial institutions while providing institutions
the tools to compete more effectively for customers. For more
information or to find the nearest Allpoint surcharge-free ATM,
please visit www.AllpointNetwork.com.
The Allpoint Network logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=2368 |
About Cardtronics
(Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and
live their lives, Cardtronics is at the convergence of retailers,
financial institutions, prepaid card programs and the customers
they share. Cardtronics owns/operates more than 41,900
strategically-situated retail ATMs in U.S. and international
locales. Whether Cardtronics is driving foot traffic for America's
most relevant retailers, enhancing ATM brand presence for card
issuers or expanding card holders' surcharge-free cash access on
the local, national or global scene, Cardtronics is convenient
access to cash, when and where consumers need it. Cardtronics is
where cash meets commerce.
The Cardtronics logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=10940
Cardtronics and Allpoint are
registered trademarks of Cardtronics, Inc.
All other trademarks are the property of their
respective owners.
CONTACT: Allpoint/Cardtronics - Media
Nick Pappathopoulos
Director - Public Relations
832-308-4396
npappathopoulos@cardtronics.com
Cardtronics - Investors
Chris Brewster
Chief Financial Officer
832-308-4128
cbrewster@cardtronics.com
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