Expanding its physical presence and retail ATM footprint, Mountain America Credit Union has signed an ATM branding agreement with Cardtronics (Nasdaq: CATM), giving its members surcharge-free cash access at ATMs in 88 Target and Costco stores in Arizona, New Mexico, Nevada, Utah and Idaho. Cardtronics is the world's largest ATM owner / operator.
As part of a long-term agreement with Cardtronics, Mountain America, the 11th largest credit union by members*, has branded Cardtronics-owned and -operated ATMs at 60 Target and 28 Costco stores. Effective immediately, Mountain America members have surcharge-free cash access at the ATMs, the locations of which can be easily found using the credit union’s branch and ATM locator.
Mountain America is based in West Jordan, Utah.
Tony Rasmussen, senior vice present, Payment/Business Services, Mountain America said: “Making sure our members can easily control their funds in a variety of ways is one of the hallmarks of our services at Mountain America. Adding surcharge-free access to ATMs in such retail destinations as Target and Costco expands our physical presence, making it more convenient for our members to obtain their cash in the course of their everyday routines.”
Jonathan Simpson-Dent, chief commercial officer, Cardtronics, added: “The self-service movement among consumers has financial institutions, now more than ever, appreciating the physical brand presence and convenient cash access benefits that Cardtronics ATMs provide. Through this ATM branding agreement with Cardtronics, Mountain America has given itself a strategic advantage in attracting and retaining members.”