Credit unions to launch ATM service

THE Credit Union movement announced plans yesterday to roll out a nationwide ATM and electronic payments service.

The new system, which took five years and almost €1 million to develop, will allow the country’s estimated 2.5 million credit union members to access their accounts from any of the country’s 4,000 ATM machines using a new CU Moneycard.

Each individual credit union will decide on the charges levied on the ATM card.