Meridia Community Credit Union, a member-owned financial institution focused on residents in Buffalo and southern Erie County, has joined a nationwide fee-free ATM network to provide more surcharge-free places where its members can access their money.
Hamburg-based Meridia, with more than 5,000 members, said it joined the Tallahassee-based Credit Union 24 network, the nation’s largest credit union-owned fee-free ATM and point-of-sale network, with 70,000 machines across the country that don’t charge a fee when noncustomers use them. The network also includes more than 300,000 ATMs, both nationally and internationally, as well as hundreds of thousands of merchant terminals for debit card purchases.
The move is designed to make the credit union more competitive with banks and other larger credit unions. Meridia has $47 million in assets.
“Our credit union’s goal is to directly address the individual needs of our members and help them reach their financial goals,” Mike Hoffman, president and CEO of Meridia, said in a statement. “Part of this is pursuing every opportunity to make financial services more convenient for our members.”