KeyBank is growing with Cardtronics to give KeyBank clients banking in the Pacific Northwest increased access to surcharge-free ATMs by way of nearly 200 cash machines located in Walgreens stores throughout Washington and Oregon.
Cardtronics, Inc. (NASDAQ: CATM) is the world's largest retail ATM owner / operator and a provider of ATM services to Walgreens. KeyBank NA is a wholly-owned subsidiary of KeyCorp (NYSE: KEY). With $95.4 billion in assets, KeyBank is one of the top 25 banks in the United States.
As a result of KeyBank’s newest agreement with Cardtronics, there are now nearly 50 KeyBank-branded ATMs in select Walgreens stores in Oregon. KeyBank clients also have surcharge-free access to Cardtronics ATMs at more than 150 additional Walgreens stores in Oregon and Washington.
The agreement covering ATMs in select Washington and Oregon Walgreens stores is the third between KeyBank and Cardtronics. In 2014, KeyBank signed its first ATM branding agreement with Cardtronics, expanding surcharge-free ATM access for its clients by outfitting Cardtronics-owned ATMs in Rite-Aid stores in New York State with the KeyBank brand. Late in 2015, KeyBank branded additional Cardtronics ATMs, in this instance at Cleveland Hopkins International Airport (CLE) and the Burke Lakefront Airport.
KeyBank Product Manager, Integrated Channel Management, Steffanie A. Schroeder said:
“We’re making it easier for KeyBank clients in Washington and Oregon to bank and save money. With every expansion of our relationship with Cardtronics, the convenience of KeyBank’s ATM network has improved and surcharge-free cash on the go is a perk that makes life easier for KeyBank clients.”
Cardtronics President, North American Business Group, David Dove said:
“For KeyBank and Cardtronics, what began in the Northeast has quickly spread to the Midwest and now the Pacific Northwest. From coast-to-coast, our two companies have established an ATM access business relationship that benefits everyone involved, including our retail partners.”
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