CO-OP ATM Network
What Is the CO-OP ATM Network?
The CO-OP ATM Network is a nationwide network of automated teller machines that allows credit union members to access cash and other ATM services without paying surcharge fees. This network connects thousands of credit unions and provides members with convenient access to ATMs across the country.
The network is operated by the CO-OP Financial Services organization.
Why It Matters
The CO-OP ATM Network expands access to surcharge-free ATMs for credit union members. Because credit unions often have fewer physical branches than large banks, this network helps provide convenient access to cash withdrawals and account services.
Members benefit from a larger ATM footprint without needing to switch financial institutions.
How the CO-OP ATM Network Works
Credit unions join the CO-OP network to allow their members to use participating ATMs.
Typical services include:
- cash withdrawals
- balance inquiries
- account transfers
- deposits at select machines
Members can locate CO-OP ATMs through mobile apps, websites, or ATM locator tools.
CO-OP ATM Network vs Bank ATM Networks
- Bank ATM networks are typically operated by individual banks.
- The CO-OP ATM Network is a cooperative network shared among participating credit unions.
FAQs About the CO-OP ATM Network
Do credit union members pay ATM fees in the CO-OP network?
Most ATMs in the network are surcharge-free for participating members.
How large is the CO-OP ATM Network?
The network includes tens of thousands of ATMs nationwide.
Can deposits be made at CO-OP ATMs?
Some machines allow deposits depending on the credit union.
Related Terms
