Postal Service Credit Union Outsources Management Of 5 ATMS

IMGCAP(1)]

Processing Content

The U.S. Postal Service Federal Credit Union is outsourcing management of its five ATMs to Select-A-Branch, a King of Prussia, Pa.-based independent sales organization. "Our managers no longer are saddled with cash ordering or working on the machines when they break down," says Steve Cimino, executive vice president of the credit union, which has 23,000 members nationwide. Outsourcing also reduces costs for the credit union, which is based in Clinton, Md., Cimino says. Select-A-Branch will manage ATMs in Maryland, Virginia and the U.S. Postal Service's headquarters in Washington, D.C. The agreement marks the first time Select-A-Branch has taken over management of another entity's ATMs. "Entering the outsourcing market is a logical step for both Select-A-Branch and the [credit union]," Dan Gardner, Select-A-Branch CEO, said in a statement.


For reprint and licensing requests for this article, click here.
Credit
MORE FROM AMERICAN BANKER
Load More