NORTH CANTON, Ohio (4/3/13)--Diebold is installing two new Opteva ATMs featuring the CO-OP NextGen ATM shared-branching solution at Premier Community CU's new Lodi, Calif., branch.
Diebold is a CUNA Strategic Services provider.
The solution allows members of participating CO-OP Shared Branching credit unions to access to other credit union accounts or sub-accounts such as a certificate of deposit or an individual retirement accounts using Premier Community's ATMs.
"Driven by CO-OP, Diebold's shared-branch ATM solution transitions routine shared branching transactions from the teller line to the low-cost self-service channel," said Mychal D. Kempt, Diebold vice president, North American operations. "Doing so allows credit unions to migrate the servicing of shared branch members to the ATM, giving credit unions more time to spend on complex member transactions."
Standard ATMs normally can access only accounts linked to an ATM/debit card, limiting most transactions to checking and savings accounts.
Based in Stockton, Calif., Premier Community CU designed its new Lodi branch to offer enhanced efficiencies for members and non-members. The shared-branch ATMs feature deposit automation technology, which allows members--and members of participating CO-OP Shared Branching credit unions--to complete envelope-free cash and check deposits. The ATMs process deposited notes and checks, along with other transactions, allowing Premier Community members more flexibility at a self-service device.
Premier Community is also enhancing security and efficiency at its Lodi branch with a Diebold Express Cash Recycler. The teller automation solution accepts cash, verifies note authenticity, sorts notes by denomination, reuses them for withdrawals, and stores cash securely at the point of transaction.