SAN DIEGO - Star System Inc., the California-based automated teller machine network, said First Security Corp. of Salt Lake City has become a member.
An equity owner in Star, First Security brings into the network 386 ATMs in Utah, Idaho, Nevada, New Mexico, Oregon, and Wyoming. The eight-state Star System has 15.549 ATMs, more than any other regional shared network.
Star also operates the Explore point of sale network, which was a factor in attracting First Security.
"We were interested in affiliating with what is unquestionably one of the leaders in POS and ATM operations," said Phil Hudson, executive vice president of retail banking.
Point of sale volume has been fueling Star's growth. The transactions totaled 13.6 million in the third quarter, 10% more than in the second quarter, and 47% more than in the 1992 third quarter. ATM transactions increased 1% from the second to the third quarter.