Citibank Preparing To Replace Most Of Its Homegrown ATMs

Citibank, which operates the nation's eighth-largest bank-owned ATM network, will replace 61% of its 3,300 machines over the next year, Robert Julavits, a Citibank spokesperson, tells ATM&Debit News, a CardLine sister publication. Citi is purchasing ATMs from NCR Corp., Diebold Inc. and Nautilus Hyosung America Inc. to replace 2,000 Citibank-manufactured ATMs, Julavits says. The bank in the past few years has purchased 1,300 ATMs from NCR and Diebold. New York-based Citibank historically has assembled its own ATMs by buying modules, such as a receipt printers, individually from various ATM manufacturers, including NCR and Diebold. Spokespersons for Diebold, Nautilus Hyosung and NCR say the Citibank contract precludes them from discussing their arrangements with the bank.