The MAC regional electronic banking network has installed an automated teller machine from AT&T Global Information Solutions Corp. that allows customers to cash checks to the penny.

The AT&T Document Processing ATM was certified for use with two of the network's services, MAC Check and MAC Info.

MAC Check allows customers to cash checks and make split deposits, while MAC Info enables customers to access account statements, place stop payments on checks, and purchase certificates of deposit.

The ATM had its MAC debut last month at the Newtown, Pa., branch of Beneficial Savings Bank.

Robert W. Keddie, Beneficial's executive vice president of technology, said the ATM is "geared towards our customer base that wants to utilize technology and have 24-hour access to their accounts."

During a transaction at the specially equipped ATM, customers can cash a check by selecting that option. Customers insert the check into a depository, where the check is processed and scanned. The check's image is displayed on the ATM screen for customer verification.

The machine will dispense the appropriate cash and coins, then print an audit trail on the back of the check before storing it in the ATM safe. This process can handle full and split check deposits.

"Imaging makes this a much more user-friendly version for customers that are depositing checks," said Phil Valvardi, director of client relations for the MAC network.

"We found through prior installations of check cashing devices that customers tend to be more comfortable using them when they can see their checks being cashed," Mr. Valvardi added.

Win Billingsley, a vice president with AT&T Global Information Solutions, said the company will work with the MAC network to broaden its service offerings.

The MAC network consists of 17,900 ATMs and 130,000 point of sale terminals in 33 states. It has about 1,600 financial institution members, with 28 million customers carrying cards bearing the MAC logo.

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