A note from Bob Annibale, Global Director, Citi Community Development and Inclusive Finance
Last week, Citi unveiled the Citi® ATM Community Network, a new pilot program that will allow more than 300,000 clients of 15 minority-owned banks and credit unions to withdraw cash without surcharge fees at 2,400 Citibank branch ATMs in the United States including those in Chicago, Los Angeles, Miami, New York, San Francisco and Washington D.C.
By removing surcharge fees, we reduce transaction costs for clients, expand access and improve convenience. The concept may be simple but the potential impact can be significant.
Take Neighborhood Trust Federal Credit Union for example, which is one of the Network’s participating credit unions. Based in New York City, Neighborhood Trust serves predominantly Latino immigrant communities in West Harlem, Washington Heights and […]