Here's a reality: most credit union ATMs that I see are old, creaky, lacking functions, sometimes with screens so weathered and scratched they are barely readable.
Then there are the ATMs that I see at nearby Chase's. Cardless access. Sleek.
Enough to make you drool?
Enter Tellerex and a possible answer to your desires. An ATM lifecycle management company, Tellerex works with financial institutions both large and small.
There's magic in that formula. A handful of big banks are dueling over who has the best ATM fleet and they are in constant upgrade campaigns. What happens to the 1500 and more ATMs they replace every year - typically after five to seven years of use?
When Tellerex is the player, what happens is that discarded ATM is given new life - often new software, sometimes even a new processor. A new top of the line ATM might cost $50,000 to $75,000. A refurbished five year old ATM might cost half that.
You life that math? Of course. And your members will like the upgraded user experience.
Listen in to a podcast that tells you all you wanted to know about ATMs but didn't know who to ask.
Giving answers here are Tellerex's chairman and co-founder James Kilkelly, CEO Christian Ranke, and chief operations officer Brian Lechlitner.
Listen up here.
Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available.
Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto
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