Fifth Third Bank Expands Presence in Michigan by Placing its Brand on Cardtronics ATMs in Speedway Stores Throughout the Stat...
July 30 2019 - 7:30AM
Fifth Third Bank, the fifth largest bank in Michigan and a top 20
bank nationally by assets, has agreed to extend its existing
partnership with Cardtronics, placing the bank’s brand on each of
the 299 Cardtronics ATMs in Michigan Speedway stores. The branding,
which will be completed before the end of 2019, will significantly
expand the bank’s visible presence, building on the almost 200
Fifth Third branches in the state.
Through its partnership with Cardtronics, Fifth
Third has already branded over 800 ATMs in Indiana, Kentucky and
Ohio Speedway stores. With the new extension into Michigan, the
partnership will include over 1,100 Cardtronics ATMs across a
four-state area.
In addition to ATM branding, Fifth Third is also a
member of Allpoint Network, Cardtronics’ surcharge-free ATM network
with 55,000 cash access points across the country and around the
world. The combination of Allpoint Network membership and ATM
branding provides Fifth Third cardholders with fee-free cash
wherever they need it while building brand awareness that drives
customer engagement and new customer acquisition.
“Through our partnership with Cardtronics, our
customers now will see Fifth Third-branded ATMs when they walk into
Speedway convenience stores in Michigan,” said James Anthos,
director of ATM distribution strategy. “We always want to make
banking more convenient for our customers and Cardtronics’ ATM
branding program is a great way to do that.”
ATM branding from Cardtronics allows Fifth Third to
quickly build brand presence in its core markets without the need
to expand its own branch and ATM fleet. All Fifth Third-branded
ATMs are free-to-use for Fifth Third customers.
“Fifth Third and Cardtronics have built a strong
partnership that continues to grow as the bank leverages the
Cardtronics network, the largest and highest-quality retail-based
ATM network, as a key element of its retail distribution strategy,”
said Brian Bailey, Cardtronics EVP and Managing Director, North
America. “By expanding its ATM branding program into Michigan
Speedway locations, Fifth Third is able to quickly ramp up its
market presence across the state, increasing its current points of
presence.”
Fifth Third branches, ATMs and surcharge-free
Allpoint Network ATMs can all be found using the Fifth Third
locator available on its website and mobile app.
About Fifth ThirdFifth Third
Bancorp is a diversified financial services company headquartered
in Cincinnati, Ohio, and the parent company of Fifth Third Bank, an
Ohio-chartered bank. As of March 31, 2019, Fifth Third had $168
billion in assets and operated 1,207 full-service banking centers
and 2,559 ATMs with Fifth Third branding in Ohio, Kentucky,
Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia,
Georgia and North Carolina. In total, Fifth Third provides its
customers with access to approximately 52,000 fee-free ATMs across
the United States. Fifth Third operates four main businesses:
Commercial Banking, Branch Banking, Consumer Lending and Wealth
& Asset Management. Fifth Third is among the largest money
managers in the Midwest and, as of March 31, 2019, had $394 billion
in assets under care, of which it managed $44 billion for
individuals, corporations and not-for-profit organizations through
its Trust and Registered Investment Advisory businesses. Investor
information and press releases can be viewed at www.53.com. Fifth
Third’s common stock is traded on the Nasdaq® Global Select Market
under the symbol “FITB.” Fifth Third Bank was established in 1858.
Deposit and Credit products are offered by Fifth Third Bank. Member
FDIC.
About Cardtronics (Nasdaq:
CATM)Cardtronics is the trusted leader in financial
self-service, enabling cash transactions at approximately 229,000
ATMs across 10 countries in North America, Europe, Asia-Pacific,
and Africa. Leveraging our unmatched scale, expertise and
innovation, top-tier merchants and businesses of all sizes use our
ATM solutions to drive growth, in-store traffic, and retail
transactions. Financial services providers rely on Cardtronics to
deliver superior service at their own ATMs, on Cardtronics ATMs
where they place their brand, and through Cardtronics' Allpoint
Network, the world’s largest surcharge-free ATM network, with over
55,000 locations. As champions of cash, Cardtronics converts
digital currency into physical cash, driving payments choice for
businesses and consumers alike.
Contact Information:
CardtronicsMedia RelationsJoel
AntoniniSVP –
Marketing832-308-4131joel.antonini@cardtronics.com |
Investor RelationsBrad ConradEVP – Treasurer
832-308-4975 ir@cardtronics.com |
Cardtronics is a registered trademark of
Cardtronics plc and its subsidiaries.
All other trademarks are the property of their
respective owners.
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