SAB Recent Developments
Select-A-Branch gets ATM nod from McDonald's franchise, Pa. bankers' association -November 13, 2007
Select-A-Branch ATM Network uses patent-pending technology that allows an unlimited number of financial institutions to market to their cardholders through SAB's surcharge-free ATMs.
"Through our state-of-the-art technology, we are able to offer our participating banks and credit unions the means of leveling the playing field between themselves and their competitors," said Dan Garner, president and chief executive of Select-A-Branch.
According to a news release, SAB ATMs are being installed from Virginia to Connecticut, including more 70 New York City McDonald's franchise locations.
"We believe that the Select-A-Branch ATM Network is a natural extension of the McDonald's franchisees' dedication to customer service," said Jim Lewis, president of Lewisfoods, owner of multiple McDonald's locations, including the McDonald's in Times Square. "We are optimistic that as SAB grows, more and more of our customers will enjoy surcharge-free ATM service at our restaurants."
SAB partnered with Actors Federal Credit Union, the McDonalds franchisees' incumbent.
"The Select-A-Branch business model represents a unique way to increase both our ATM revenues as well as increase the bond between the franchise locations and AFCU," said Jeff Rodman, president of Actors Federal.
SAB also delivers multiple ads that can be updated across the ATM network.
Participating FIs are provided an array of marketing materials, a co-branded Web site and integration into their standard ATM locaters. FIs also can directly reach cardholders by using on-screen advertising or a continuous video channel located in the topper panel above the ATM.
The value of Select-A-Branch's product offering was recently recognized by the Pennsylvania State Bankers Association when it awarded SAB a "preferred vendor" status. This award has been granted to only 22 other vendors in the organization's 112-year history.
Select-A-Branch also has signed partnerships with Triton Systems to deliver ATM hardware and software solutions as well as EFT provider Fiserv to deliver secure transaction processing.
About Select-A-Branch
SAB is an ATM Independent Service Operator that seeks to grow its network in high-traffic locations. SAB's patent pending ATM Software Solution allows banks and credit unions to deliver a branded, surcharge-free ATM transaction to any of its customers/members at any SAB ATM, resulting in increased patronage and customer satisfaction.
Launched in 2006, SAB has offices in King of Prussia, Pa.
About Triton
Triton, a global ATM manufacturer with more than 158,000 installations in over
24 countries worldwide, is the largest provider of off-premise ATMs and ATM management
software in North America. With a complete line of products for retail locations and financial
institutions, Triton is committed to redefining and leading the market for cash delivery systems.
Triton is headquartered in Long Beach, MS, and is a subsidiary of the Dover Corporation. For
more information about Triton, please visit www.triton.com or call +1 (228) 868-1317 or toll free
(800) 367-7191 in North America.
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