FIRST ATM MACHINE INSTALLED IN 1969

The evolution of the ATM | American Banker

The first automatic teller machine (ATM) in the U.S. was
installed at a
Chemical Bank branch in Rockville Centre,
New York
, on September 2, 1969, a date that revolutionized
the banking industry by allowing customers to withdraw cash
outside of traditional banking hours.

Developed by Don Wetzel and his company Docutel, this
machine was initially a cash dispenser, with more complex
features like deposits and account balance information added
to later models in 1971.

U.S. ATM inventor celebrates its 50th anniversary | PaymentsSource |  American Banker

posted by Bob Karm in ANNIVERSARY,ATM,Banking,Fincncial,HISTORY and have No Comments

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