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.
"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."