|Operating area||United States, Canada|
|Founded||1974 (as The Exchange)|
ACCEL/Exchange is an interbank network. It connects over 245,000 ATMs in all 50 states in the United States, with a further 2,300 throughout Canada under its subsidiary, The Exchange Canada. The network also has a small number of ATMs in certain U.S. Air Force Bases around the world, and over one million electronic funds transfer at point-of-sale locations.
The U.S. division is managed by Fiserv and the Canadian one by FICANEX.
- 1974: The Exchange was founded in the Pacific Northwest of the United States, as an interbank network, touting itself as the world's first 24-hour ATM network.
- 1983: The network expanded just North of the border, to unite the ATMs of several credit unions in British Columbia. The move took place one year before the much larger Interac network was founded by five leading banks.
- 1985: ACCEL was founded, by major banks in the Northwest of the United States, primarily as an electronic funds transfer network.
- 1991: The two companies merged to form ACCEL/Exchange.
In the 1990s most banks in the Pacific Northwest were part of this network including Seafirst Bank/Bank of America, US Bank, First Interstate Bank, Puget Sound Bank, Rainier Bank/Security Pacific, Key Bank and West One Bank. Since then, bank mergers caused some banks to leave the Accel/Exchange network. Now only Key Bank is part of Accel/Exchange when it comes to major banks in the Northwest.
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