After a year in which the banking industry underwent massive consolidation. automated teller machines finally appear to be fulfilling their original promise of reducing branch operating costs.

According to the American Banker's 1992 ATM survey, the nation's largest banks continue to add branches at a much slower rate than they are adding automated teller machines.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.