Credit union offers 'no envelope' deposits at drive-up ATM

Credit union offers 'no envelope' deposits at drive-up ATM
Tags: Bank / Credit Union, Multifunction ATMs, Public Companies, Trends / Statistics
May 26, 2005

DAYTON, Ohio - By using NCR Corp.'s "no envelope" deposit technology, Westerville, Ohio-based CME Federal Credit Union is deploying the world's first freestanding drive-up ATM with digital imaging capability and bunch-note acceptance, according to a news release.

CME members can make deposits at CME's new Personas 90e freestanding, drive-up ATM.

The technology enables the image of any deposited checks to be captured and shown on the ATM screen for customer verification. The image is then printed on a receipt. All currency notes can be inserted in one stack.