Technology Credit Union Debuts FeeAlert From Cardtronics
FeeAlert From Cardtronics Helps Tech CU Members Save on ATM Fees
HOUSTON, June 26, 2013 (GLOBE NEWSWIRE) -- Cardtronics, Inc. (Nasdaq:CATM),
the world's largest retail ATM owner, today announced that Silicon
Valley-based Technology Credit Union (Tech CU) is actively helping its members
save money, having recently debuted FeeAlert from Cardtronics. With FeeAlert,
members using out-of-network, fee-charging ATMs receive a personalized email
alert from Tech CU, pointing them to the nearest in-network, and therefore
"Tech CU is always looking for ways we can use technology to save our members
time and money—and FeeAlert from Cardtronics is a great example," said Joe
Anzalone, chief banking officer for Tech CU. "An easy-to-use, unobtrusive use
of a smart technology, FeeAlert helps to further improve the Tech CU banking
"The idea behind FeeAlert from Cardtronics is taking every opportunity to help
cardholders find nearby fee-free ATMs," said Rick Updyke, president, North
America Business Group, Cardtronics. "Before a transaction, ATM locator tools,
whether built into a website or mobile banking app, are tremendously effective
in helping members find the nearest fee-free ATM. But sometimes they forget to
look and end up paying a fee even though they could've used, for example, a
surcharge-free Allpoint ATM right around the corner. FeeAlert can't read
minds, but it can send helpful reminders after a transaction, giving
cardholders an opportunity to save the fee the next time around."
How it Works: FeeAlert @ Tech CU
1.Tech CU members auto-enrolled in the FeeAlert program
2.Member uses out-of-network/non-affiliated ATM
3.Daily ATM transaction info sent from Tech CU to FeeAlert platform
4.FeeAlert generates a list (using geo-location technology) of nearby
in-network, fee-free ATMs
5.Tech CU member receives an email (next-day delivery), detailing available
free ATMs for future reference.
Editor's Note: FeeAlert is patent-pending and functionality will vary
depending on how a financial institution chooses to deploy Cardtronics'
flexible FeeAlert technology platform.
With FeeAlert from Cardtronics, Tech CU expands a relationship that began with
Allpoint Network in 2008. Additionally, LocatorSearch from Cardtronics powers
the Tech CU ATM/branch/service center locator tool available at the credit
union's website and through its mobile banking apps.
*FeeAlert from Cardtronics – http://bit.ly/FeeAlert
About Technology Credit Union
Founded in 1960 by the employees of Fairchild Camera and Instrument
Semiconductor Division, Tech CU has served the high tech workforce in Silicon
Valley for more than 50 years. Today, Tech CU is one of largest credit unions
in the country with 70,000 individual and business members and more than $1.7
billion in assets. The financial institution is recognized as one of the best
managed and strongest in the country. Tech CU's members have access to 65,000+
surcharge-free ATMs nationwide, online and mobile banking, 10 full-service
branches throughout the Bay Area, and comprehensive mortgage, wealth
management and small business services.
About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and live,
Cardtronics is at the convergence of retailers, financial institutions,
prepaid card programs and the customers they share. Cardtronics owns/operates
more than 70,800 retail ATMs in U.S. and international locales. Whether
Cardtronics is driving foot traffic for America's most relevant retailers,
enhancing ATM brand presence for card issuers or expanding card holders'
surcharge-free cash access on the local, national or global scene, Cardtronics
is convenient access to cash, when and where consumers need it. Cardtronics is
where cash meets commerce.
Cardtronics, Allpoint are registered trademarks of Cardtronics, Inc.
All other trademarks are the property of their respective owners.
CONTACT: Media Relations
Director - Public Relations
Chief Financial Officer
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