HOUSTON, Feb. 1, 2005 (PRIMEZONE) -- Cardtronics, the nation's largest independent owner/operator of ATMs, has signed an agreement with PNC Bank of Pittsburgh to brand more than 150 ATMs deployed in Walgreens stores in a five-state area.
Keith L. Myers, EVP, Financial Division at Cardtronics said, "We are pleased to have PNC Bank place their brand on our ATMs in these high-traffic Walgreens locations. Our nationwide network of ATMs located in nationally recognized retailers provides financial institutions with a low cost opportunity to enhance customer convenience and build stronger banking relationships."
The multi-year branding deal provides PNC Bank the opportunity to brand ATMs that are owned and operated by Cardtronics in Walgreens stores in Ohio, Kentucky, Indiana, New Jersey, and Pennsylvania. Cardtronics will have operational and management responsibility for the ATMs and PNC Bank cardholders will have convenient surcharge-free access to the ATMs.
According to James S. Walker, Senior Vice President of Self-Service Banking, "Our customers will gain convenient surcharge-free access to hundreds of additional touch points to complement our current physical branch and non-branch locations. We are pleased to be aligned with Cardtronics, a nationwide ATM deployer with an excellent reputation, and Walgreens, one of America's best known retailers and widely considered to be best in its class."
PNC Bank, N.A. is a member of The PNC Financial Services Group, Inc., and is one of the nation's largest diversified financial services organizations providing regional community banking; wholesale banking, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.
The Cardtronics logo is available at http://www.primezone.com/newsroom/prs/?pkgid=991
About Cardtronics
Headquartered in Houston, Texas, Cardtronics is the nation's largest independent owner/operator of ATMs with a network of over 25,000 locations operating in every major U.S. market and in all 50 states. Retail and petroleum merchant-clients include nationally known companies such as A&P, Albertson's, Amerada Hess, Barnes & Noble College Bookstores, Chevron, ConocoPhillips, Costco, CVS/pharmacy, Duane Reade, ExxonMobil, Rite Aid, SSP/Circle K, Sunoco, Target, Walgreens and Winn-Dixie Stores. For more information about Cardtronics, visit http://www.cardtronics.com/