SAB Recent Developments
Lebanon Federal Credit Union joins the SAB ATM Network - July 16, 2007
Monday, July 16, 2007 - King of Prussia, PA.
Today, Select-A-Branch ATM Network LLC (SAB) announced that Lebanon Federal Credit Union has agreed to become a network participant, allowing the institution to deliver branded, surcharge-free transactions to its cardholder base via SAB ATMs. Lebanon Federal Credit Union's members can now withdraw cash, check balances, and transfer funds at any SAB ATM without incurring a surcharge fee. Per SAB's patent-pending technology, the ATMs deliver these transactions via screens branded with the institution's colors, logo, and messages. There are no special buttons to push or codes to remember...the ATMs simply recognize the cards of participating institutions. Dan Stechow, SAB Chief Operating Officer and point person for financial institution management commented, "Our network helps both the financial institution and the cardholder. For the first time, banks and credit unions can truly extend their ATM footprint without sacrificing branding. Their cardholders know that every bright green SAB ATM provides a surcharge-free transaction."
Lebanon Federal Credit Union agrees. "Select-A-Branch's unique offering fulfills our desire to keep our customers more closely aligned with our brand, and at the same time provide a valuable service outside of our traditional footprint," commented Lebanon Federal Credit Union Executive Vice President, Glenn Rambler. "In today's financial services landscape, that represents a way for us to maximize member service, member value, and a competitive edge."
SAB now operates ATM's across Pennsylvania, including the PA Turnpike, the Reading Terminal Market, and the PA Convention Center. Immediate growth plans include locations throughout the region; the company expects to make major announcements in that regard in the near term and recommends that interested parties visit their web site regularly for updates. (http://www.selectabranch.com)
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.