The Denver automated teller machine seller Pendum LLC said Thursday that Northeast Credit Union in Portsmouth, N.H., a client for 15 years, is replacing its ATMs with upgraded machines.
The credit union is deploying NCR Corp.'s 5886 and 5890e models, both of which use NCR's intelligent deposit system allowing for envelope-free cash and check deposits. It has agreed to replace all its ATMs during the next five years. Pendum provides maintenance, cash replenishment, deposit pick-up, and other functions for the fleet.
The credit union said in a press release that it expects to reduce its deposit-processing costs by automating the verification process through the NCR machines. It also hopes to cut empty-envelope fraud.
"Upgrading our ATM fleet is one way we continue to make our services more convenient, user-friendly, and cost-competitive for our members," Julie Roy, the credit union's assistant vice president of operations, said in the release.
