CU24 Hits Transaction High
The Credit Union 24 Network reported it hit an all-time high in monthly transaction volume, approaching 18-million transactions routed through the EFT network in December of 2005. The record-setting month reflects an increase of approximately 23% in transaction volume over December of 2004, Credit Union 24 stated. ATM and point-of-sale (POS) transaction volume in 2005 grew by nearly 30% over 2004 numbers to more than 182 million transactions. "Credit Union 24's consistent transaction growth stems from the network's efforts not only to attract more credit unions and cardholders, but also to broaden our credit unions' ATM and POS access," said Credit Union 24 President Jim Park.