Global Axcess Continues to Expand National Network of Branded Cash Partners

Thursday 8 April 2004 09:34 CET | News

Newport News Municipal Employees Credit Union (NNMECU) in Newport News, Virginia and Parkridge Credit Union (PCU) in Chattanooga, Tennessee are the latest financial institutions to sign "Branded Cash" agreements with Global Axcess wholly-owned subsidiary Nationwide Money Services.Global Axcess Branded Cash Program is a turnkey ATM network solution, owned and managed by Nationwide Money, that is marketed to credit unions, community banks, and regional financial institutions. By partnering with Nationwide Money, a financial institution is empowered with the ability to broaden its market area, offer its customers free ATM access and promote its own corporate identity among consumers in the markets they serve -- all at a fraction of the cost of what it would require if they owned, operated and supported their own ATM network. The agreement with NNMECU provides for Nationwide Money to install three ATMs in high traffic areas serving credit union members located in Newport News and surrounding communities. PCU has contracted with Nationwide Money to brand five ATMs in and around Chattanooga, Tennessee.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce