Austin Telco Federal Credit Union of Austin, Texas, has signed a multi-year agreement joining the Star Network. Star will provide PIN-secured debit point-of-sale (POS) and ATM access to the credit union's members.
With more than $1 billion in assets, Austin Telco serves members throughout the five-county Austin metro area. The credit union has 26 ATMs and 22 branch locations. 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.
"Austin Telco's mission is to provide exceptional financial products and services to the communities we serve," said James Poplin, president and chief executive officer for Austin Telco Federal Credit Union. "We chose STAR as our PIN debit network because we believe their expertise in debit and the innovative services they offer will help us fulfill that mission - providing payment capabilities that will help to satisfy member demand and create loyalty."
"STAR is committed to enabling the payments products and services that consumers demand, to help members like Austin Telco reach their goals," said Kevin Barry, general manager for the STAR Network. "By staying on top of the evolving payments landscape, we are able to help our members navigate through it successfully."
Terms of the agreement remain confidential.