JPMorgan Chase & Co. expects to complete its rollout of intelligent-deposit automated teller machines this spring, according to Brad Nolan, the company's senior vice president of ATM and cash operations.

"Some 10,000 of Chase's 15,000 ATMs will be converted to intelligent deposit by April 15," Nolan said at the ATM Industry Association conference in Miami last week. "There will be a few stragglers, but essentially we will be done."

The remaining ATMs — 5,000 cash dispensers that do not accept deposits — are installed in airports and retail locations, Nolan said; the banking company recently landed contracts to deploy machines near passenger gates at the San Francisco and Detroit airports.

The area beyond checkpoints "is becoming more competitive," Nolan noted, as security requirements force people to spend more time at the airport.

"You're now seeing a Chase ATM next to a Bank of America ATM next to another bank's ATM," Nolan said.

JPMorgan Chase will become the second national bank to complete deployment of envelope-free ATMs, which enable cardholders to insert checks and cash directly when making deposits.

B of A, the nation's largest bank-owner of ATMs, with 18,500 machines, completed its rollout in December.

The Charlotte bank has 13,000 intelligent-deposit ATMs. The balance are cash dispensers.

JPMorgan Chase, the nation's second-largest bank-owner of ATMs, buys machines from Diebold Inc., NCR Corp. and Wincor Nixdorf AG. JPMorgan Chase expanded its ATM network significantly in late 2008 with its purchase of Washington Mutual Inc.'s banking operations.

At the end of 2009, Chase operated 15,406 ATMs nationwide.

Wells Fargo & Co., the No. 3 bank-owner of ATMs, with more than 12,000 machines, is still deploying intelligent-deposit ATMs.

Sales of intelligent-deposit ATMs to JPMorgan Chase, B of A and Wells helped boost revenue at NCR, Wincor Nixdorf and Diebold in recent years.

NCR and Diebold executives said the completion of those rollouts could leave a void in their earnings because regional and community banks have been reluctant to buy the machines in sufficient numbers.

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