Automated Teller Machine
Why Are ATMs Important?
● 24/7 Access: ATMs are available any time of day or night, so you don’t have to wait for business hours to access your money.
● Convenience: With thousands of ATMs worldwide, you can access your funds almost anywhere.
● Speed: ATMs let you complete basic transactions quickly, saving you time.
● Privacy: ATMs allow you to conduct banking activities privately without speaking to a teller.
What Can You Do at an ATM?
While ATMs are best known for withdrawing cash, they can do much more. Depending on the machine, you can:
● Withdraw cash
● Deposit checks and cash
● Transfer money between your accounts
● Check your balance
● Pay bills (in some locations)
● Update your contact information (in select ATMs)
Benefits of Using an ATM
● Immediate access to cash
● Avoiding teller lines
● No branch visits are needed
● Avoid fees by using an ATM within your credit union’s network to avoid fees.
