CU 24 Purchases New Headquarters

TALLAHASSEE, Fla.– Credit Union 24, a credit union-owned ATM network, has purchased a building here to house the company's headquarters and central operations.As a CUSO, the purchase represents a long-term asset for CU 24's 274 shareholding credit unions. "The timing was excellent to utilize a small portion of the network's cash reserves to purchase the building at an excellent price, create a valuable asset for the membership and eliminate a significant element of the network's overhead," said Jim Park, CU 24 CEO.