Cardtronics Expands USAA Federal Savings Bank's ATM Presence in Nation's Capital
July 11 2011 - 7:30AM
Cardtronics, Inc. (Nasdaq:CATM), the world's largest retail ATM
owner, today announced that San Antonio-based USAA Federal Savings
Bank (FSB) has reached an ATM branding agreement with the company.
As a result, 189 Cardtronics-owned and operated ATMs in the metro
Washington, D.C. area now feature the USAA brand and offer fee-free
cash access to USAA members. USAA, a leading provider of financial
services for military families, provides banking, insurance,
investment and retirement products and services to more than 8
million members.
All 189 Cardtronics-owned/USAA-branded ATMs are located in the
Washington, D.C. area (Washington, D.C. proper, northern Virginia
and southern Maryland) CVS/pharmacy locations. USAA's expanded
banking services network through Cardtronics complements USAA
Financial Centers with ATMs located in high-profile retail
locations. In addition to this ATM branding agreement, USAA has
participated in the Allpoint Network since 2009. The Allpoint
Network is a Cardtronics affiliate and the nation's largest
surcharge-free ATM network.
"As a financial services company dedicated to serving active and
retired members of the military and their families, USAA is pleased
to offer a full range of banking services to our members in one of
our largest markets," said Andy Collins, assistant vice president
of deposits for USAA FSB. "The branded ATMs complement a full suite
of USAA banking services in the D.C. market. In addition to
withdrawing cash at the new ATMs, members are also able to manage
all of their banking transactions at our USAA Financial Centers and
deposit domestic checks at more than 2,000 The UPS Store locations
with USAA Easy Deposit."
"USAA is tapping into the unique value proposition made possible
by the convenient retail locations housing Cardtronics-owned and
operated ATMs," said Rick Updyke, president, U.S. Business Group,
Cardtronics. "By utilizing both our Allpoint Network for
surcharge-free ATM cash access and our strategically placed D.C.
area ATMs to enhance market presence, USAA has illustrated the dual
role that Cardtronics can play in cost-effectively helping a
financial institution achieve ubiquitous status for both its brand
and surcharge-free ATMs."
About USAA
USAA provides insurance, banking, investment and retirement
products and services to more than 8.2 million members of the U.S.
military and their families. Known for its legendary commitment to
its members, USAA is consistently recognized for outstanding
service, employee well-being and financial strength. USAA
membership is open to all who are serving or have honorably served
our nation in the U.S. military – and their families. For more
information about USAA, or to learn more about membership, visit
usaa.com.
About Cardtronics, Inc.
Cardtronics (Nasdaq:CATM) is the world's largest non-bank owner
of ATMs. The Company operates over 33,200 ATMs in the United
States, the United Kingdom, Mexico, and the Caribbean, primarily
with well-known retailers such as 7-Eleven, Chevron, Costco,
CVS/pharmacy, ExxonMobil, Hess, Rite Aid, Safeway, Target, and
Walgreens. Cardtronics also assists in the operation of
approximately 4,000 ATMs under managed services contracts with
customers such as Kroger, Travelex, and Circle K. In addition to
its retail ATM operations, the Company provides services to large
and small banks, credit unions, and prepaid card issuers, allowing
them to place their brands on over 12,000 Cardtronics' ATMs and
providing surcharge-free access through Cardtronics' Allpoint
Network. www.cardtronics.com.
The Cardtronics logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=991
Cardtronics, Allpoint and Bank Machine are
registered trademarks of Cardtronics, Inc.
All other trademarks are the property of their
respective owners.
CONTACT: Cardtronics - Media
Nick Pappathopoulos
Director - Public Relations
832-308-4396
npappathopoulos@cardtronics.com
Cardtronics - Investors
Chris Brewster
Chief Financial Officer
832-308-4128
cbrewster@cardtronics.com
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