SNL's First CityWide Change Bank could be in for some stiff competition. Real-world banks Chase and PNC have been rolling out new ATMs capable of dispensing $1 and $5 bills, and Chase, at least, will soon pilot coin dispensers with the machins prior to rolling them out nationwide, as well.

So far, Chase has upgraded its fleet with 350–400 multi-denomination dispensing ATMs, while half of the PNC fleet of 7200-ATMs now boasts the feature, said a report by CNN Money. Both FIs expect to double their numbers this year; PNC expects to have multi-denomination capability system-wide the end of summer.

The upgraded machines serve the dual mission of creating greater convenience for the customer and providing cost-savings for the bank, as these teller transactions shift to the ATM.

The new capability comes with its own costs, though, and will have to prove its worth before other banks consider such an upgrade, Greg McBride, senior financial analyst at, told CNN. So far no other major bank has announced plans to convert their fleets to multi-denomination ATMs, the report said.

For more on this topic, visit the installation/deployment research center.

Related Content

User Comments – Give us your opinion!
Products & Services

EMV and Payments Online Training Classes from Paragon Application …


Maintenance Services


Retail ATM - Tranax C4000


TMD Security Pack 1: Anti-skimming with Tilt and Vibration …


CUSTOM's VKP80 II - ATM and Kiosk Printer


KAL Check Cashing Solutions


Provides Variety of Optional Functionalities—Banking Kiosk K20


ATM, EFT and POS Simulation and Testing Software - FASTest™


TMD Security Pack 4: Anti-skimming with Skimming Device Detection …


ATM Remote Monitoring, The DPL Group AC Disconnect Module


ATM & Mobile Innovation Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.