Category: Bank at Work

  • Help your Staff Financially Recover with the Benefit of an ATM at Work

    Have your employees taken a hit financially due to the pandemic? The latest statists show that nearly two-thirds of Americans (67%) feeling financial strain due to the COVID-19 pandemic.

    Employers can help to alleviate the financial stress by providing staff with convenient cash access in the form of a surcharge-free ATM in the break room. Not only will this allow employees to save more of their hard earned paycheck, it is a benefit your staff will love that provides real value!

    • Surcharge-Free ATM Withdrawals

    • Saves Staff Time & Money

    • Safe, Secure Environment for Banking

    • Keeps Employees On-Site

    • Easy Cash Access for Lunch & Vending

    To set up a 10 minute custom consultation, email us at sales@atmatwork.com. We’ll be happy to walk you through the many benefits of having a workplace ATM and the surcharge-free ATM options we offer.

  • 4 Ways Employers Can Promote Workplace Wellness

    As the country reopens from the pandemic, there are topics up for debate all over the news and social media. What is not up for debate is that employers should promote workplace wellness and protect workers upon reopening. This task doesn’t have to be overwhelming.

    Here are four tips business owners can implement immediately to facilitate wellness among staff.

    Move Meetings Online. If you haven’t taken this opportunity to move staff meetings, forms, and training online, you are missing the boat. A plethora of tools are available to help any size company transition to and create amazing online experiences to accommodate staff needs. Employers can utilize Zoom, Google Meet, Teams, Slack and more to foster relationships without jeopardizing safety – even if staff is working in the office.

    Establish Strict Cleaning Protocols. The way we do business has changed, and cleanliness is top of mind for everyone. Many salons, retail shops, restaurants, and more are asking patrons to wash their hands or use sanitizer upon entry immediately. Consider implementing similar guidelines for team members. These measures foster a sense of wellness in the organization. All staff should have cleaning supplies handy and should be held accountable for wiping their area and work spaces down frequently throughout their shift.

    Rearrange Your Office. The chances are that even if you’re back in the office, it isn’t the same. Physically distancing desks, chairs and rearranging meeting rooms is a must to protect the well being of employees and guests. Separation is a crucial component in fighting germs. Consider mounting plexiglass on desks and counters, especially if it is a frequently visited area. While it may seem a little odd at first, employees will appreciate the lengths you will go to provide a safe environment.

    Add a Workplace ATM. Allow your staff to do their banking at work and minimize contact with the public by providing an ATM for employee use. Your company can control how often the ATM is cleaned and ensure users regard social distancing guidelines. Additionally, there are a variety of ATM programs available, including low or surcharge-free options that help your staff safe more of their paycheck as well as providing them with a safe environment to get cash and do routine banking. This convenient and cost-effective benefit will save employees time, while keeping them safe.

    As your business reopens, it’s important to keep in mind that the best systems are the ones your staff use. Enforcing new policies is just as important as creating new opportunities to keep your staff safe and providing additional measures that will make them less anxious as they return to work.

    To learn more, give us a call at 866.440.4700 or send us an email at sales@atmatwork.com. We’ll be happy to walk you through the many benefits of having an ATM on-site for employees and the surcharge-free ATM options we offer.

  • Let us manage your SEG ATMs…. so you can focus on growing your membership

    Affordable & Hassle-Free Employee Group ATM Management

    • No out of pocket expenses

    • Bank grade ATM with a 15” monitor

    • Fully branded ATM – custom wrap, signage & rotating ads

    • Installation, maintenance & cash loading

    • Regulatory compliance reporting

    • Surcharge-free for your members

    Serving local employees has never been so easy or so cost-effective!

    Email us at sales@atmatwork.com to schedule a personalized 10-minute consultation

  • Serving employee groups and business partners has never been so easy or so affordable!

    Let us Manage your Employee Group ATMs…. so you can Focus on Growing your Credit Union

    • No out of pocket expenses

    • Bank grade ATM with a 15” monitor

    • Fully branded ATM – custom wrap, signage & rotating ads

    • Installation, maintenance & cash loading

    • Regulatory compliance reporting

    • Surcharge-free for your members

    Serving local employees has never been so easy or so affordable!

    Email us at sales@atmatwork.com to schedule a personalized 10-minute consultation

  • Why Credit Unions Should Have Surcharge-Free ATMs on University Campus’

    As we move into an increasingly digital world consumers have more banking choices than ever before such as paycards, pre-paid cards, digital-only banks and payment apps such as PayPal, Venmo and Zelle. This means credit unions have had to get creative in order to attract new members.

    One of the most cost-effective and easiest ways to attract new members – particularly Millennials and Gen Z consumers is to offer branded, surcharge-free ATMs on university and college campus’.

    Despite the hype, cash is still the most popular payment method for consumers 18-25 years-old and for small-value purchases. According to the Federal Reserve’s 2019 Diary of Consumer Payment Choice, cash represents nearly half of all payments under $10 and 42% of payments less than $25. And increasingly consumers have come to expect the quick, convenient, free cash access wherever they go.

    With almost 7 million U.S. students enrolled in undergraduate programs and numbers expected to rise another 3% in the next decade, colleges are a hotbed for small cash transactions. For a college student on a budget, ATM fees can add up quickly. Professors and university staff are also beholden to campus economy, often needing cash access as much as students for everyday items like vending machines, the cafeteria and bookstore supplies.

    Having easy access to a surcharge-free ATM provides major benefits to students, especially for money conscious Millennials and Gen Z consumers, and university personnel alike. Custom branded ATMs on college campuses are a cost-effective way for credit unions to attract new accountholders and grow their membership base.

    • Consumers Love Saving Money. College students, especially those on a budget, can save thousands of dollars per year in fees when using a surcharge-free ATM. Providing branded, surcharge-free ATMs on college campuses are an easy way to attract money conscious Millennials and Gen Z, as well as university staff.

    • Convenience. Convenience. Convenience. Easy access to an ATM provides users with convenient access to payday funds and allows them to complete their daily banking without a trip to their financial institution. With surcharge-free ATMs in locations they frequent, college students and university staff are more likely to switch to the credit union that sponsors the ATM they use most often.

    • Time Savings. With no need to leave campus in search of an ATM, students who may not have access to a car or are juggling work and school are better able to manage their time. Providing convenient ATMs on campus are a perk, college students will appreciate. Combined with customized branding on the ATM, signage, on screen advertising and optional brochure holders, ATMs on college campus’ will enhance a credit union’s brand exposure.

    With more than 100 years combined experience, the professionals at ATMatWork understand credit unions no longer wish to own or manage ATMs. That’s why our program is hassle-free with no need for credit union staff to load cash or do routine maintenance. There are no upfront out of pocket expenses and our program includes a fully branded bank grade ATM with a 15” monitor that is surcharge-free for members… and most importantly will help grow your membership.

    Give us a call at 866.440.4700, send us an email at sales@atmatwork.com. We’ll be happy to walk you through the many benefits of having custom-branded ATMs on university campuses or on-site for employees at SEG locations.

  • Using ATMs to Promote Financial Literacy

    One of the silver linings of the financial recession in the mid-2000s was that it was supposed to have taught consumers a hard lesson about the dangers of debt and other financial issues.

    However, statistics from CareerBuilder show that 78% of U.S. workers live paycheck to paycheck and one in four don’t save. And while most people acknowledge the need for emergency savings and a retirement plan, few understand how to attain those goals. A limited number of Americans can successfully implement a budget, leaving many adults in debt with no understanding of how to dig themselves out.

    In a 2015 study by FINRA, participants were asked five questions covering aspects of economics and finance encountered in everyday life, such as compound interest, inflation, risk and diversification principles, the relationship between bond prices and interest rates, and the impact that a shorter term loan can have on total interest payments over the life of a mortgage. Only 37% of participants were able to answer four or more of the five questions correctly – indicating that the majority of Americans are financially illiterate to some degree.   

    Americans Look to Banks & Credit Unions for Financial Planning

    A study by Raddon found that 55% of consumers are more likely to turn to a bank or credit union for resources on financial literacy than a financial adviser.

    The report also suggests banks and credit unions have an opportunity to entice consumers to switch financial institutions by engaging consumers with financial education. And, the best way to market retirement and wealth management programs is in small digestible chunks of information.

    However, the study also notes that financial institutions struggle internally with their support of financial literacy programs, mainly because these programs are expensive. Justifying the cost of educating account holders on financial literacy to upper management can be difficult since return on investment is difficult to document.

    ATMs as a Marketing Channel for Financial Literacy

    Banks and credit unions have been exploring the unique marketing capabilities ATMs offer such as customized screens and signage that help them enrich the consumer experience for some time. As a critical touch point for account holders, ATMs can also be used to educate consumers and market financial planning programs with little or no extra cost to the financial institution.

    Self-service options are also vital to the way younger generations, especially Millennials, manage their money, with statistics showing that mobile banking users are more likely to visit an ATM than a branch ‒ which strongly suggests ATMs are the perfect channel to market important financial services.

    Marketing financial planning programs while consumers are actively accessing their account and considering their personal spending habits makes them more likely to remember the services offered. The ATM also allows financial institutions to track participation in variety of ways, such as requests for information using a unique landing page URL, QR code, Text/SMS response or promotional code on the ATM wrap, screen and the receipt.

    Engaging Consumers at Work

    Employers all over the country are beginning to see the opportunity to enhance their workplace benefits by offering ATMs on-site. The practice is beneficial to employers and employees alike as it provides easy cash access in a secure environment and allows staff to better manage their time.

    By partnering with local companies, banks and credit unions can offer ATMs that allow surcharge-free transactions for account holders, increase brand awareness for the unbanked or competitor-affiliated user, and market their institution with financial education and retirement planning information in the environment where consumers are most likely to engage – the place they make their money.

    To help financial institutions better market financial education, ATMatWork offers:

    • Customized ATM wraps that can include a QR code

    • Rotating ATM screens and welcome screens customized for the institution

    • Static or video signage

    • Receipts that include promotional offers

    • Attached brochure holders for educational materials

    Partnering with local companies to provide employees with easy cash access with an ATM is a valuable resource that banks and credit unions can also use to offer information vital to raising Americans’ financial literacy. And, with ATMatWork’s unique programs it is hassle-free and cost-effective.

    Our experts have more than 100 years combined experience. ATMs is all we do! Contact us today to find out how we can help you build a bank at work program that delivers results.

  • ATMatWork Welcomes The People’s Bank & YMCA

    More than an ATM… A Powerful Dynamic Marketing Tool

    The fully branded ATM at the YMCA is more than just a cash dispenser… it’s a Powerful Market Tool that helps the bank to:

    • Grow Deposit Accounts 

    • Enhance Relationships with account holders and local businesses

    • Creates a Better Brand Impression with custom marketing on the ATM

    Affordable & Hassle Free

    No need for the bank or credit union to buy hardware, load cash, maintenance or keep up with compliance. The ATM experts at ATMatWork handle it all for a low monthly fee.

    Download our brochure to learn more about our ATM programs.

  • ATM at Work Facilities a Partnership for Michelin Tires & Upstate FCU that Benefits Employees

    Benefits for Employees

    Your employees are using an ATM and chances are they are spending a great deal of their paycheck on fees to obtain cash. An ATM on-site helps to attract Millennials, increases employee safety, and saves staff time and money. An ATM in your break room is more than just cash machines, they are a hassle-free and inexpensive benefit your employees will love.

    • Saves Time & Money

    • Easy Access to Pay Day Funds

    • Cash for Vending Machine & Cafeteria

    • No Need to Leave Work to do Banking

    • Increased Employee Safety

    With a variety of surcharge-free options available, the ATMatWork program is affordable – in most cases, less than what you pay in insurance for one employee each month, and is hassle-free for management. Click here to learn more about our surcharge-free program options.

    Benefits for Banks & Credit Unions

    More than an ATM… A Powerful Dynamic Marketing Tool

    ATMatWork’s unique approach turns the ATM into a Powerful Dynamic Marketing Tool with a myriad of changeable content including:

    • Segmented, Customized ATM Wrap

    • Multiple Ad Screens with Unlimited Changes

    • Changeable Back Lighted Topper Inserts

    • Optional Brochure Rack

    Affordable & Hassle Free

    If you are interested in expanding your brand image in the community but don’t want to manage ATMs or purchase costly hardware, ATMatWork offers exactly what you’ve been looking for. With decades of experience, our experts handle it all – including purchasing the ATM – for a low monthly fee.

  • How Credit Unions Can Launch an Effective Bank at Work Program with On-Site ATMs

    Reaching new members through brand awareness and visibility is at the forefront of every credit union’s marketing strategy, especially those with a regional and local focus. There are scores of options, but most aren’t leveraging one of the easiest and inexpensive strategies ‒ a bank at work program with on-site ATMs as the centerpiece. When used to the fullest potential, having ATMs as part of a bank at work program creates lasting partnerships and offer an avenue to open new deposit accounts, loans and market products and services.

    Prospect Smarter, Not Harder

    There are likely many candidates in your existing membership base, such as select employee groups (SEGs) that you may have signed up years ago, that would benefit from an on-site ATM and a bank at work program. The first step is to analyze the SEG’s industry, range of salaries and company size. Working with the Human Resources department will also allow you to fully understand the financial needs of the employees. 

    However, many credit unions don’t believe they can afford to offer ATMs to every SEG. Providing an ATM to SEGs doesn’t have to be expensive or time consuming. ATMatWork, which specializes in placing ATMs at employee group locations, offers placement options that fit any sized budget ‒ and it’s totally hands off and hassle free for the credit union. There is no need to purchase hardware, load cash, monitor the terminal, send out technicians or carry insurance ‒ ATMatWork does it all.

    Tailor Marketing for Each Employee Group

    Branding an ATM is one way to build recognition and trust, but don’t stop there. Customizing marketing messages are a simple and effective way to generate new deposit accounts, loans and promote products and services at the ATM. ATMatWork’s unique approach turns the ATM into a dynamic marketing tool with a myriad of changeable content including customizable ATM screens, wraps, toppers and an optional brochure rack. As your marketing messages change, so can your marketing at the ATMs in your SEG locations.

     Regular Visits to the SEG

    Once your credit union establishes an on-site ATM as part of your bank at work program, use regular visits to maximize the partnership. Being proactive while visiting the location and using face-to-face interactions to educate, inform and engage with the employees is imperative.

    With the right approach and the right partner, credit unions can maximize opportunity to communicate to a captive audience of current and prospective account holders by offering a bank at work program with ATMs as the centerpiece.

    Our experts have more than 100 years combined experience. ATMs is all we do! Contact us today to find out how we can help you build a bank at work program that delivers results.

  • Make a New Year’s Resolution to Save Staff Time & Money with an ATM in the Workplace as a New Employee Benefit

    It doesn’t take a big raise or expensive gifts to make employees happy. Millennials especially look at benefits differently than their predecessors. As the first tech-savvy generation, they expect digital connectivity and convenient self-service access everywhere they go.

    One of the simplest ways to ensure employee satisfaction is get creative with benefits and perks that add real value to employees’ lives. That’s why the popularity of ATMs in the workplace is growing among employees and employers alike.

    Employees love having easy, safe access to their funds without having to use break time or leave work early to run errands.

    • Saves Employees Money. By having a surcharge-free ATM in your building, employees save thousands of dollars annually.  

    • Saves Employees Time. Being able to do their banking at work, saves employees a considerable amount of time. No more using break time or leaving work early to drive to the bank for cash.

    •  Increases Employee Safety. Having an ATM in the workplace offers an extra layer of security for employees since there is no safer place to withdraw cash than at work.

    A Competitive Advantage without a Big Price Tag

    In addition to making it convenient for staff, having an ATM on-site give employers a competitive recruiting advantage. And, having an ATM at work is cost-effective. In fact, in most cases having a surcharge-free ATM in the building is less expensive than paying for medical insurance for a single employee for just one month.

     Employees thrive at work when they know their contributions are valued. Letting your employees know they matter to you and the company helps employees stay engaged and excited, improving both the quality of work and the overall office environment.

    Contact the experts at ATM at Work and let us help you thank your employees by giving them surcharge-free access to their funds ‒ saving them time and money with an ATM at work!