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Diebold signs ATM-outsourcing agreement with Colorado credit union

Bellco Credit Union, a Greenwood Village, Colo.-based credit union, today announced that it has signed an ATM-outsourcing agreement with Diebold Inc.

June 6, 2010

Bellco Credit Union, a Greenwood Village, Colo.-based credit union, today announced that it has signed an ATM-outsourcing agreement with Diebold Inc.

As part of the agreement, Diebold has upgraded Bellco's 65 ATMs.  Fifty of the Diebold Opteva ATMs include dual deposit slots—one to accept cash and one to accept checks. The envelope-free ATMs also feature bulk-note acceptors that accept up to 100 mixed banknotes at one time. Diebold also will provide cash handling, currency management, ATM maintenance and software deployment. The balance of Bellco's ATMs is cash dispensers.

Diebold, which is based in North Canton, Ohio, has pushed signing integrated-services contracts since sales of individual ATMs have slumped. Thomas Swidarski, Diebold president and CEO, has said the integrated–services contracts are three to five years.

"We chose Diebold as our outsourcing partner for two key reasons," Doug Kearby, Bellco director of administrative services, said in a statement. "First, we already had a strong, long-term relationship with the company. Second, we were very impressed with Diebold's outsourcing package."

Bellco has $1.6 billion in assets, 16 branches and 192,000 members.

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