Bank / Credit Union

NCR to deliver cash deposit capabilities to ATMs at PenFed Credit Union

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October 20, 2021

NCR Corp. recently announced it will provide cash deposit to more than 1,200 Allpoint ATMs at the PenFed Credit Union. It further plans to have more than 1,800 cash-deposit ATMs deployed by the end of the year, according to a press release.

Allpoint is a surcharge-free ATM network, which has more than 40,000 ATMs in the U.S. and 55,000 worldwide.

"The addition of self-service deposit capabilities through our retail-based network of Allpoint ATMs allows PenFed to further expand its 'anytime anywhere' transaction capabilities nationwide," Carter Hunt, managing director of North America for NCR's Cardtronics business, said in the release. "We are exceptionally proud of the innovative solutions that we can provide to forward-thinking PenFed as its members' desire for self-service banking and surcharge-free cash withdrawals and deposits continues to grow."