CLEVELAND, July 16, 2021 /PRNewswire/ -- KeyBank announced
today an expansion of its branding relationship with Cardtronics,
the world's largest ATM owner and operator at Kum & Go
convenience store locations across Colorado.
Building on KeyBank's long-standing relationship with
Cardtronics, the expanded branding agreement enables KeyBank to
enhance its brand visibility in one of the fastest growing states
in the country, while doubling its surcharge-free ATM access points
in Colorado, where it currently
operates 58 branch locations across the state.
The branding program provides financial institutions like
KeyBank with immediate scale and brand visibility in key markets in
the U.S. Through its extensive partnership with some of the
best-known names in retail.
"Branding of these ATMs is part of KeyBank's commitment to offer
convenient access to banking to the community," said Mike Katz, Colorado Market President at KeyBank.
"We know when the banking experience is made more convenient,
clients become more engaged and satisfied."
At $7B in deposits representing
the fifth largest market share position in Colorado as of June
2020, KeyBank is an established financial institution with
roots reaching back more than 190 years. KeyBank provides deposit,
lending, cash management, and investment services to individuals
and businesses.
"KeyBank has been a tremendous partner of Cardtronics,
leveraging our ATM network to expand its reach beyond its existing
branches and provide increased surcharge-free access to customers
where they shop and live. This expanded agreement is a testament to
both the value of ATM branding and the strong partnership
established over the years with KeyBank," said Carter Hunt, Cardtronics Managing Director of
North America.
All KeyBank-branded ATMs are surcharge-free for their
customers.
About Cardtronics (NASDAQ: CATM)
Cardtronics is the
trusted leader in financial self-service, enabling cash
transactions at over 285,000 ATMs across 10 countries in
North America, Europe, Asia-Pacific, and Africa. With our 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 retail based 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. Learn more
about Cardtronics by visiting www.cardtronics.com and by
following us on LinkedIn and Twitter.
About KeyCorp
KeyCorp's (NYSE: KEY) roots trace
back 190 years to Albany, New
York. Headquartered in Cleveland,
Ohio, Key is one of the nation's largest bank-based
financial services companies, with assets of approximately
$176.2 billion at March 31, 2021. Key provides deposit, lending,
cash management, and investment services to individuals and
businesses in 15 states under the name KeyBank National Association
through a network of approximately 1,100 branches and more
than 1,400 ATMs. Key also provides a broad range of sophisticated
corporate and investment banking products, such as merger and
acquisition advice, public and private debt and equity,
syndications and derivatives to middle market companies in selected
industries throughout the United
States under the KeyBanc Capital Markets trade name. For
more information, visit https://www.key.com/. KeyBank is
Member FDIC.
For more information, please visit:
www.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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SOURCE KeyCorp