MEMPHIS–During its annual conference here, Inclusiv--along with Citi--announced the expansion of the Citi ATM Community Network to include participation by 14 new Inclusiv member credit unions.
Inclusiv said its network of “mission-based credit unions dedicated to serving low/moderate-income communities and communities of color will deepen the Citi ATM Community Network’s reach in these communities.”
Launched in 2016, the Citi ATM Community Network enables members of participating credit unions and community banks to make cash withdrawals without a surcharge fee at more than 2,300 Citibank branch ATMs in the United States, including those in New York, greater Miami, Washington, D.C., Chicago, San Francisco, and Los Angeles metropolitan areas.
According to Inclusiv, the Citi ATM Community Network helps enable participating institutions to reduce costs and provide convenient ATM access to their customers. Each participating institution also waives any out-of-network fees they may charge to their customers for using Citibank ATMs.
Total Participants to 52
“This expansion brings the total number of participating credit unions, community banks and minority-owned banks to 52, with a collective reach of over one million customers, many of which are low/moderate income and/or people of color,” according to the organization.
Added Pablo DeFilippi, EVO with Inclusiv/Network, “Citi’s efforts to increase participation in the bank’s ATM Community Network is truly a groundbreaking initiative that reflects their commitment to financial inclusion and support of community development credit unions and the communities they serve. We hope other large banks will follow Citi’s leadership and replicate an initiative that’s benefiting millions of consumers.”
The New CUs
The new credit unions joining the Citi ATM Community Network include: MERCO Credit Union, Members Credit Union, The Finest Federal Credit Union, 1199 SEIU Federal Credit Union, O.A.S. Federal Credit Union, New Community Federal Credit Union, New Covenant Dominion Federal Credit Union, The Episcopal Community Federal Credit Union, Chicago Municipal Employees Credit Union, United Cities Credit Union, Great Lakes Credit Union, Urban Upbound Federal Credit Union, Maroon Financial Credit Union, and USAlliance Federal Credit Union.