Firstar, U.S. Bank begin merging ATM networks

Firstar, U.S. Bank begin merging ATM networks
Tags: Bank / Credit Union, Public Companies
January 29, 2002

MINNEAPOLIS -- As a first step of combining their ATM networks, Firstar Bank and U.S. Bank are now allowing customers to use any Firstar or U.S. Bank ATM to make withdrawals, transfers and balance inquiries free of charge.

The newly merged U.S. Bancorp (NYSE: USB) operates 5,208 ATMs. The ATMs will not be able to accept deposits from both banks until systems are fully integrated, which will occur over the next several months.

The signage at Firstar branches, ATMs and other buildings will be changed to U.S. Bank market-by-market starting later this year and continuing into 2002.