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Global Axcess Realizing Record Growth of Branded Cash Program

Wednesday 7 July 2004 17:07 CET | News

Since the end of the first quarter of 2004, Global Axcesss wholly owned subsidiary, Nationwide Money Services, Inc., has increased the number of Branded Cash partners from 41 independent financial institutions to 54 and has expanded the number of Branded Cash ATM sites under contract from 376 to 473.
Owned and managed by Nationwide Money, the Branded Cash Program is a turnkey ATM network solution 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. New Branded Cash partners include a series of community banks and credit unions located primarily in Washington, D.C., Virginia, North Carolina and South Carolina, and include, but are not limited to: * Henrico Federal Credit Union, * Library of Congress Federal Credit Union, * Burke & Herbert Bank and Trust, the oldest bank in the State of Virginia, * Union Bankshares Corporation, and * Millennia Community Federal Credit Union.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce