Cardtronics Announces That Huntington Has Renewed and Expanded Its ATM Branding Partnership
October 21 2010 - 8:00AM
Huntington (Nasdaq:HBAN) (www.huntington.com), a $52 billion
regional bank holding company, has renewed its ATM branding
agreement with Cardtronics, Inc. (Nasdaq:CATM). The multi-year
extension allows Huntington to continue to display its branding on
Cardtronics-owned and -operated ATMs in 122 Walgreens and
CVS/pharmacy stores in Ohio, Kentucky, and Indiana. By extending
its ATM branding agreement with Cardtronics, Huntington will
continue to receive prominent brand placement in the retail
locations where its customers routinely shop, while also making
those ATMs available fee-free to its customers.
In addition to the renewal of the 122 existing branding sites,
Huntington is also placing its brand on 50 additional Cardtronics
ATMs. Forty-six of the ATMs are located in CVS/pharmacy stores in
Pittsburgh and southwestern Pennsylvania, and the remaining four
ATMs are located in Walgreens stores in the Cleveland, Ohio area,
adding to Huntington's branded ATMs in the area.
"Huntington and Cardtronics have enjoyed a strong relationship
over the years, and the renewal of this ATM branding agreement
demonstrates the value of the program both for Huntington and its
customers," stated Rick Updyke, President, U.S. Business Group for
Cardtronics. "Our ATM branding programs allow financial
institutions to better serve their customers by increasing ATM
availability without the capital requirements and operational
hassles of traditional off-premise ATM deployments."
"Huntington customers have benefited from the expanded ATM
footprint we have been able to provide through our ATM branding
relationship with Cardtronics, Walgreens and CVS," said Mary
Navarro, Huntington senior executive vice president, retail and
business banking director. "We are pleased to be able to continue
to provide superior service for our customers by ensuring the easy
availability of Huntington-branded ATMs where our customers shop on
a daily basis."
Huntington has been an ATM branding customer of Cardtronics
since 2005.
About Cardtronics
Headquartered in Houston, Texas, Cardtronics (Nasdaq:CATM) is
the world's largest non-bank owner of ATMs. Cardtronics operates
over 33,700 ATMs across its portfolio, with ATMs in every major
market in the United States (including the U.S. territories of
Puerto Rico and the U.S. Virgin Islands), more than 2,800 ATMs
throughout the United Kingdom, and more than 2,900 ATMs throughout
Mexico. Major merchant clients include 7-Eleven®, Chevron®,
Costco®, CVS®/pharmacy, ExxonMobil®, HESS®, Kroger®, Rite Aid®,
Safeway®, Target®, and Walgreens®. Complementing its ATM
operations, Cardtronics works with financial institutions of all
sizes to provide their customers with convenient cash access and
deposit capabilities through ATM branding programs, with more than
11,600 Cardtronics owned and operated ATMs featuring bank brands.
Additionally, Cardtronics offers surcharge-free access to cash for
holders of traditional debit cards as well as stored-value cards
issued by financial institutions that participate in the Allpoint
Network, Cardtronics' wholly-owned surcharge-free ATM network. More
recently, Cardtronics started offering a managed services solution
to retailers and financial institutions that are looking to
outsource some or all of the operational aspects associated with
operating and maintaining their ATM fleets. For more information,
please visit www.cardtronics.com.
The Cardtronics logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=991
CONTACT: Cardtronics, Inc.
Media Contact:
Joel Antonini, VP Marketing
832-308-4131
joel.antonini@cardtronics.com
Investor Contact:
Chris Brewster, CFO
832-308-4128
cbrewster@cardtronics.com
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