News

Cummins Allison marks 3rd year of major growth in fledgling ATM business

September 22, 2017

Cummins Allison, a provider of ATMs and coin, currency and check processing technology, has announced another year of significant growth in its ATM business.

Since launching the business in 2014, the company has averaged 111 percent annual growth with hundreds of machines installed, according to a press release.The company said that over the past three years, it has invested heavily in a dedicated ATM business unit, staffed with experienced industry experts.

As a result, the release said, hundreds of community banks and credit unions have added Cummins Allison ATMs to their branches. A few of these customers are: First Bank of Greenwich; Healthcare Financial Federal Credit Union; River Hills Bank; First National Bank; Moonlight Credit Union; allU.S. Credit Union; and Southwest Capital Bank.

"We are reassured by the market acceptance of our offerings, as evidenced by our continuous year-over-year growth," Cummins Allison CEO William J. Jones said. "These results reflect our efforts to expand our product portfolio into areas that are important for our customers. Additionally, we have added a considerable number of new customers to our business, which is very important for our long-term growth."