SCU Opens Mobile Branch
BELLEVILLE, Ill.-Scott Credit Union has taken its show on the road with a new custom-built ATM trailer that will offer surcharge-free ATM usage at community events throughout the area.
The trailer, built by Schantz & Sons near Highland, has a vending door that opens to give those who need cash access to the ATM.
The Money Zone ATM trailer, which was in use recently at the Scott Air Force Base Air Show, is a completely self-contained trailer built on a hydraulic frame that allows the entire unit to be lowered to the ground. It features a complete graphics wrap that promotes members' free access to 32,000 ATMs nationwide through the Allpoint ATM network.
Bulk Check Automation Favored
AUSTIN, Texas-Southeastern U.S. bank executives recently surveyed almost unanimously agreed that bulk check deposit ATMs provide better banking experiences for their customers, and the majority stated that their financial institutions will deploy the technology soon, according to a report IT solution vendor Wincor Nixdorf. The executives were polled at Wincor bulk check deposit forum in Charlotte.
For info: www.wincor-nixdorf.com/usa.
CU 24 Signs 15 Credit Unions
TALLAHASSEE-Credit Union 24 has signed 15 new credit unions to the network so far this year, including $1.5 billion Tower FCU, Central Florida Postal Employees FCU, NWS FCU, ETMA FCU, Augusta County FCU, Continental FCU, Connections CU, Ocala Community FCU, Phenix Pride FCU, Coop Toledo FCU, Emory FCU, Dillards FCU, Tower FCU, HCA FCU, Florida Aircraft FCU and Mountain Empire FCU.
CU 24 officials said more credit unions are realizing the value in the wake of large corporate mergers and buy-outs that can work to undermine the ideals that credit unions have historically upheld.
For info: www.cu24.com.
'No-Envelope' Deposit On Show
CHESAPEAKE, Va.-Representatives from 10 credit unions across the region gathered at ABNB Federal Credit Union's headquarters on Aug. 7 for a half-day seminar to learn more about cutting-edge ATM technology. Last year, ABNB became the first financial institution in the region to feature NCR's "No Envelope" deposit technology, which allows ABNB members to use ATMs to deposit checks and cash with confidence.
NCR has approximately 1,800 such ATMs installed nationwide. The demonstration is an effort to educate CUs about the technology's value. Transactions are processed in real time.
For info: www.abnbfcu.org.
7-Eleven, CO-OP Show Growth
RANCHO CUCAMONGA, Calif. -CO-OP Financial Services said that since partnering with 7-Eleven Inc. in November 2005, CO-OP has saved credit union members with cards carrying the CO-OP Network logo nearly $50 million in surcharges at 7-Eleven ATMs.
"We had 800,000 transactions at 7-Eleven ATMs during the first month of our partnership, and the numbers have grown steadily as more of our members' cardholders discover they don't have to pay a surcharge at 7-Eleven machines," said Stan Hollen, CO-OP Financial Services CEO. "We created 7-Eleven/CO-OP-branded marketing material for our credit unions, like statement inserts and a series of consumer ads, to help them promote the ATM access to their members, plus word-of-mouth has driven people to the stores."
For info: www.co-opnetwork.org.
Triton Releases the RL2000
LONG BEACH, Miss.-Triton has announced the production launch of the RL2000, which company officials say is an affordable, stand-alone ATM with more functionality and standard features than any comparably priced ATM on the market.
The RL2000's design is based on Microsoft's Windows operating system and Triton's X2 mainboard. Triton's X2 mainboard provides increased performance while also allowing for future upgrades such as EMV and Remote Key Transfer without compromising processing speed, the company said.
Triton said the RL2000 has increased memory capacity allowing for greater storage of journal data and advertising components.
It also includes a standard 5.7" VGA resolution color display or an optional 8" VGA resolution color display that supports improved advertising and screen customizing capabilities.
For info: www.triton.com.
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