News Briefs: EFT Volume Soars To New High During July At Credit Union 24
The Credit Union 24 Network reported it hit a new high in monthly volume during July when it performed nearly 17 million transactions through its EFT network in July. That figure is a 40% figure over the same period in 2004. While increases in point-of-sale transactions contributed to the volume increase, Credit Union 24 said that ATM volumes have also continued their steady rise, with monthly activity at ATMs up more than 30% over July 2004. "We've already seen over 25 million more transactions on the network than we did last year at this time, and we expect more record-setting months ahead," said CEO Jim Park.