U.S. Bank Provides Free ATM Access to Electronic Benefit Transfer Recipients in California

Tuesday 2 March 2004 19:53 CET | News

U.S. Bank is helping California residents stretch their California welfare benefits by waiving the non-account holder access fee at all U.S. Bank ATMs in the state.

The Electronic Benefit Transfer (EBT) is the automation of cash welfare payments. EBT is an alternative to a paper-based, manual benefit issuance and provides for the transfer and use of welfare benefits through point-of-sale devices and ATMs. This system is now in place in most California counties. U.S. Bank has been working on this project with the California Reinvestment Committee (CRC), a San Francisco-based economic development organization. More than 3,000 people have taken advantage of the free U.S. Bank ATM usage since the enhancement went into effect in mid-January. U.S. Bank has a growing presence in California with 234 branch offices and 284 ATMs throughout the state from Crescent City to Chula Vista.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce