Honor, the major automated teller machine network in the Southeast, has embarked on a membership campaign that may strain its merger talks with the Most network to the north.

Florida-based Honor said this week that it will waive initiation fees and first-year membership charges for any financial institution in Tennessee, Virginia, Maryland, or the District of Columbia that joins before April 30. Since the fees would be relatively small - $2,000 to $125,000, depending on institution size - most experts see the offer as a symbolic gesture of intent, rather than a concerted push for new membership.

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