Surcharge-free ATM network Allpoint signs first Kentucky FI

Surcharge-free ATM network Allpoint signs first Kentucky FI
Tags: Bank / Credit Union, Distributors / ISO / IAD, North America, Transaction Processing
August 26, 2009

Bethesda, Md.-based Allpoint Network, owned by ATM ISO Cardtronics Inc., has sighed a deal with PBI Bank, a $1.7 billion asset bank with 18 locations in Kentucky.

With more than 200 surcharge-free Allpoint ATMs across Kentucky, PBI reportedly has tripled its ATM footprint.

The deal with PBI marks Allpoint's first with a Kentucky financial institution, says Allpoint president, Ben Psillas:

The third largest Kentucky-based bank has leveled the playing field with national institutions competing for customers in their market by adding 35,000 surcharge-free ATMs nationwide.