In an apparent first, Wells Fargo Bank has made it possible for customers to buy and redeem shares of its proprietary equity mutual funds at automated teller machines.

The San Francisco-based bank announced last week that it has added the unusual capability to all but 40 of its 1,700 ATMs.

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.