Allpoint, America's largest surcharge-free ATM network, announced the signing of two of Northern California's largest community banks, the $1.9 billion County Bank in Merced, CA and Sacramento's $810 million River City Bank.
By joining Allpoint, these institutions now provide their customers with access to 32,000 surcharge-free ATMs nationwide and over 3,600 in the Golden State alone.
"Allpoint is very excited about the signing of both County and River City Bank," said Ben Psillas, President of Allpoint Network. "With Allpoint, both banks can now compete more effectively with Bank of America and Wells Fargo in both their home state of California and across the country."
"We are thrilled to offer our customers even more convenience by joining Allpoint," stated Ed Rocha, President and Chief Operating Officer for County Bank. "We pride ourselves on being in tune with what our customers' wants and needs are and this is one more way we can respond."
"At River City Bank we put our customers first and believe premium service is a must for our business," said Jeanne Reaves, president and CEO of River City Bank. "The unmatched convenience of Allpoint is just another way we can provide our customers with the very best the banking industry has to offer."
Allpoint provides County Bank and River City Bank customers with unlimited access to surcharge-free ATMs coast to coast located at convenient retailers such as Target and Costco. Participation in Allpoint offers card issuers access to a nationwide physical distribution channel at a fraction of the cost of building and maintaining their own network.
Allpoint's unique membership structure makes it very simple for a bank to join and even easier for its customers to use. Joining Allpoint provides the following benefits:
- Member bank's ATMs do not participate
- Card re-issuance or processor conversion is not required
- Card-based pricing provides cost-effective and predictable cost structure
Allpoint complements any card-issuer's current membership in other surcharge-free networks.