COLUMBUS, Ohio – Alliance One, the selective surcharge ATM network which is managed by Corporate One Federal Credit Union, has inaugurated a referral program through which participating credit unions can have their $250 annual participation fee waived if they refer a new credit union participant prior to May 31, 2006. If a credit union refers three or more other credit unions, the network will waive participation fees through 2010. "We've been successful in the Midwest and Great Lake regions and we're hoping this promotion will help us grow our reach and help more credit unions in other parts of the country offer convenient, selective-surcharge ATM access to their cardholders," said Paul Hixon, assistance vice president. "It's a bit of a `chicken and egg' scenario, since credit unions are sometimes hesitant to join unless they see a concentration of ATMs in their region. As we have seen in the past, someone has to be the first one in their area to join, and we're hoping this promotion will help us grow geographically," he said.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.