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Key Signs Agent Bank ATM Reseller Agreement With PEMCO

Sunday 11 July 2004 19:28 CET | News

Cleveland-based KeyCorp has signed an agent bank ATM reselling agreement with Seattle-based PEMCO Technology Services. As a reseller, PEMCO will market Keys agent bank program to its customer credit unions and banks.Through Keys agent bank program, financial services companies provide their customers and members surcharge-free or surcharge-reduced access to Keys automated teller machine (ATM) network without the significant financial and labor investment required to build, operate and maintain their own individual systems. Institutions can access any or all of Keys network of 2,200 ATMs across the country, including 716 located in ARCO am/pm retail locations along the West Coast. Because outsourcing has become more popular, PEMCO and Key provide a cost-effective way for financial institutions with few or no ATMs to make use of an existing ATM network and processing system.

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