TALLAHASSEE, Fla. – Credit union 24, one of only two surviving interstate electronic funds transfer networks exclusively for credit unions, said this afternoon Jim Park is retiring at year-end after 30 years at the helm.
Park will be succeeded as CEO by Mansel Guerry, who joined the Credit Union 24 staff in January as executive vice president of administration.
Park was hired to head the fledgling EFT network in 1982 by central Florida credit unions, who started the network in competition with more than two dozen other EFT networks for credit unions. Virtually all of those competing networks, except CO-Financial Services and Alaska Option, have been merged into bigger networks. But while other networks, including CO-OP Financial and Alaska Option, majority owned owned by Alaska USA FCU, own some of their ATMs, Credit Union 24 doesn't own any machines, but merely provides access for credit unions on other existing networks.
Credit Union 24 offers credit unions access to more than 300,000 ATM locations nationally and internationally, many of them deposit-taking, and offers the nation’s largest surcharge-free ATM access with nearly 70,000 locations.