August 1, 2004
PALM DESERT, Calif. - The Electronic Banking Solutions division of Palm Desert National Bank (PDNB) says that in less than a year it has doubled the number of ATMs it services, passing the 12,000 terminal mark for the first time in its history.
"This is an amazing accomplishment in a field that is becoming increasingly crowded," said Sandra Hartfield, president and chief executive of the Electronic Banking Division, in a news release. "We're very proud of the trust shown to us by so many customers." Palm Desert National Bank supplies ATM vault cash, provides network sponsorship, cash management services or a combination of these services, depending on clients' needs.
According to the release, the bank serves some of the largest ATM deployers in the country, and is the largest provider of vault cash and cash management services in the ATM and kiosk industry. PDNB-EBS provides more than $400 million in vault cash and cash management services to more than 12,000 ATMs and advanced functionality kiosks nationwide through offices in California, Illinois and Louisiana.
Palm Desert National Bank was established in 1981 and is a nationally chartered financial institution with branches located in Southern California. The EBS division was established in 1994.