Virtual ATM for Credit Unions
SPARE gives your credit union a virtual ATM network built on trusted local retailers, so you can serve members where they already live and shop, without building new branches or ATMs.
MEMBERS STILL NEED LOCAL ACCESS
Digital banking grew. The need for local access did not go away.
Even as digital banking grows, members still rely on convenient local access to cash and financial services. Expanding branches or ATM networks is not always practical, but maintaining access is essential to member trust.
Provide access without building new branches.
Serve members where they already shop.
Stay at the center of the member relationship.
RETAIL IS THE NEW BANK
One request. Three moving parts. Cash in hand.
SPARE connects a financial institution’s app to a nearby participating retailer, so account holders get access at the register.
1. Request in the app
A member requests access through their credit union app and picks a nearby participating retailer.
2. SPARE connects the network
SPARE securely links the app to an available retailer’s POS, similar to how a transfer pings a network.
3. Access at the register
The member visits the retailer and completes the transaction at the point of sale. No ATM required.
SUSTAINABLE REVENUE
A member benefit that also supports non-interest income.
Extending access shouldn’t come at a cost to your balance sheet. SPARE is built to give credit unions a source of non-interest income while reducing the pressure to fund new ATM placements or branch buildouts.
- No new capital outlay: Extend access through retailers already in the network, without funding new ATM hardware or branch build-out.
- Revenue-share structure: Transaction-based economics mean the network grows alongside member usage, not ahead of it.
- Lower cost per access point: Retail-based access points cost less to activate and maintain than a dedicated ATM or branch location.
BUILT FOR CREDIT UNIONS
Expand access responsibly, strengthen relationships, stay rooted in your communities.
SPARE connects your credit union’s app to a nearby participating retailer, so members get access at the register.
Expand member access
Provide access without expanding branches or ATM networks.
Stay community-rooted
Extend your presence through trusted local retailers.
Strengthen relationships
Keep your credit union at the center of the experience.
Works with your systems
Designed to integrate with your existing platform.
KEEP MEMBERS CONNECTED TO YOU
Stay at the center of your members’ financial lives.
SPARE helps ensure members keep turning to your credit union for everyday financial access, even as physical touchpoints evolve.
✓ Reinforce your role in members’ daily financial lives.
✓ Reinforce your role in members’ daily financial lives.
✓ Keep your brand present in every interaction.
✓ Grow your footprint through existing community infrastructure.
COMMON QUESTIONS
Credit unions & virtual ATM access, answered.
A virtual ATM is a software layer that turns an existing retail point-of-sale terminal into a cash access point. It lets members access cash at a retailer’s register without the credit union deploying dedicated ATM hardware.
Credit unions can connect their banking app to a network of participating retailers, so members get local cash access at the register. Coverage grows without opening new branches or placing new ATMs.
A virtual ATM network can generate non-interest income through a transaction-based revenue share, giving credit unions a new income source tied to member usage rather than upfront ATM or branch investment.
No. The credit union initiates the request and owns the relationship throughout. The retailer only provides the physical point of access, similar to how a shared branching network works today.
Bring SPARE to your members.
Expand access, strengthen your community presence, and serve members more effectively through a retail-powered network.