August 3, 2011
NCR Corporation today announced that Redwood Credit Union, a $1.9 billion FI that serves 200,000 members in San Francisco and the North Bay, will deploy NCR SelfServ ATMs as replacements for 30 installed machines, including 28 non-NCR ATMs.
Twenty-nine of the new NCR SelfServ ATMs will include NCR’s Scalable Deposit Module (SDM) technology, which allows consumers to deposit both cash and checks simultaneously in any orientation through a single slot.
Redwood Credit Union is a participant in CO-OP Network from CO-OP Financial Services, which certified SDM on its ATM network in June.
With SDM, a typical consumer deposit of five bank notes and two checks can take less than 60 seconds to complete, according to a company press release.
Other features include self-healing technology that allows the ATM to recover automatically without the need for human intervention, dual-roll receipt printers and graphical operator panels that allow bank employees to quickly and effectively perform routine maintenance tasks.
NCR also will provide Redwood Credit Union with software maintenance services.
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