Fastbank ATM Network Grows

Friday 18 June 2004 15:11 CET | News

Since the new Fastbank ATM network was expanded in late 2003, 21 financial institutions have chosen to join the network, adding 168 ATMs and more than 122,000 cards to the original network.

Fastbank Free, the surcharge free option of the Fastbank network, is an important part of the success story since it provides access to more than 3,500 ATMs where cardholders of financial institutions will not incur any surcharge to perform ATM transactions when their financial institution participates in Fastbank Free. Fastbank Free ATMs are currently located in 27 states, predominately concentrated in the Midwest and Western regions of the United States. As more financial institutions have joined Fastbank and brought their ATMs to the network, the availability of Fastbank and Fastbank Free ATM locations and regions has expanded beyond the original footprint. The Fastbank ATM network is a viable way for financial institutions to reach more customers where they live, work and travel without incurring the expense of deploying and maintaining an extensive ATM fleet. The widespread geography of the Fastbank network allows financial institutions to grow to over 7,500 ATMs by joining the network through Elan. Elan then provides the necessary marketing and communication tools, as well as an interactive web ATM locator, to get the message out to current and prospective cardholders.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce