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State Employees CU of Maryland Extends Members' Fee-Free Cash Access with Allpoint
Globe Newswire 26-Mar-2019 7:30 AM
HOUSTON, March 26, 2019 (GLOBE NEWSWIRE) -- SECU (State Employees Credit Union) of Maryland, the state's largest credit union serving over 260,000 members, has expanded its existing relationship with Cardtronics to provide fee-free cash access at ATMs in thousands of leading retail locations, such as Walgreens and CVS Pharmacy stores.
The additional fee-free cash access provided through the Allpoint Network builds upon SECU's current owned ATM fleet, credit union-shared ATM network participation, and SECU-branded retail ATMs with Cardtronics. The addition of Allpoint immediately enhances the scale and density of free cash access points available to SECU members at a time when new entrants, including large national banks, are entering SECU's core markets.
"Our focus throughout our 68-year history has been on continuing to improve and expand service to our members. Members asked for expanded access beyond our existing footprint of SECU locations, a need that the Allpoint Network was uniquely able to satisfy," said Joseli Wright, SECU's Senior Vice President of Member and Brand Strategy. "Joining Allpoint has maximized member convenience by giving members the cash they need in the stores they already visit in their neighborhoods and, now, when traveling out of state."
SECU of Maryland members can find available fee-free ATM locations, including the newly added Allpoint locations, at SECU's ATM locator here.
"Credit unions like SECU are dedicated to member service. Providing fee-free cash access where and when members need it is a critical element of service delivery," said Brian Bailey, Cardtronics' EVP and Managing Director, North America. "By joining Allpoint, SECU has added another layer of convenience – nationwide access to surcharge-free ATMs – along with increased core market cash access that greatly surpasses that of the competition, which in turn helps SECU retain existing member relationships and attract new members."
About State Employees Credit Union of Maryland SECU is the largest credit union in Maryland and among the largest 100 credit unions in the U.S.
About Cardtronics (NASDAQ:CATM) Cardtronics is the trusted leader in financial self-service, enabling cash transactions at approximately 227,000 ATMs across 10 countries in North America, Europe, Asia-Pacific, and Africa. Leveraging our unmatched scale, expertise and innovation, top-tier merchants and businesses of all sizes use our ATM solutions to drive growth, in-store traffic, and retail transactions. Financial services providers rely on Cardtronics to deliver superior service at their own ATMs, on Cardtronics ATMs where they place their brand, and through Cardtronics' Allpoint Network, the world's largest surcharge-free ATM network. As champions of cash, Cardtronics converts digital currency into physical cash, driving payments choice for businesses and consumers alike.
