Spokane Teachers Credit Union (STCU) of Spokane, Wash., has joined the STAR® Network, signing a multi-year agreement under which STAR will provide PIN-secured debit point-of-sale (POS) and ATM access to STCU's cardholders.
With more than $1.6 billion in assets, STCU serves members throughout Washington, as well as Kootenai and Bonner counties in Idaho, with 15 branch locations and 32 ATMs. STAR is one of the nation's leading electronic funds transfer (EFT) networks, with more than 2 million retail and ATM locations, and a First Data company. First Data is a global leader in electronic commerce and payment processing.
"STCU strives to maximize the value our members receive from their relationship with us by providing them with cost-effective services - including convenient, reliable access to their money," said Danny Jones, director, Remote Services, for STCU. "We are confident that STAR is the best choice to help provide those services. They offer the reach and coverage we need from a debit network, as well as innovative products that will help keep us ahead of the curve as payments advance."
"STAR is committed to driving success for STCU by understanding the credit union's goals and the needs of their members," said Kevin Barry, general manager for the STAR Network. "STAR has the depth of debit expertise and the vision necessary to enable STCU to serve its members today and well into the future."
Terms of the agreement remain confidential.