News

N.C. credit union extends deal with Pendum

August 11, 2008

DENVER — Pendum LLC, the nation's largest independent provider of ATM maintenance and armored services, has extended its agreement with North Carolina State Employees' Credit Union to provide cash-replenishment services for approximately 800 SECU ATMs.

In June, Pendum announced that it had been sold to Miami-based investment firm Bayside Capital, but said it expected its business to continue operating and working with customers as it had before the sale.

According to a news release, the deal also includes branch cash and coin transportation services for nearly 220 branches throughout North Carolina. Pendum has provided armored-transport and deposit-pull services for SECU ATMs since 2002.

Terms of the contract were not released.