Tag: atms

  • 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.

  • Why You and Your Employees Will Love Having an ATM at Work

    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 to offer benefits and work perks that add real value to employees’ lives.

    The popularity of ATMs in the workplace is growing among employees and employers alike. Not only does it give employers a competitive advantage but having an ATM at work is less expensive than paying for medical insurance for a single employee for just one month. Employees also love having easy, safe access to funds without having to use break time to run errands.

     Employees Save Time & Money. ATM at Work offers a variety of surcharge-free options that will your staff access to cash at no charge ‒ saving employees thousands of dollars annually. For employees who don’t qualify for fee-free withdrawals, ATMatWork terminals boast a surcharge-fee that is 55 cents cheaper than the national average. Coupled with the fact that there is no travel time for balance inquiries, transfers and withdrawals, employees save a considerable amount of time by having easy access to an ATM on-site.

     Increased Employee Safety. ATM crimes have been on the rise for the last several years, including low-tech attacks like muggings. Having a terminal in the workplace offers an extra layer of security for employees since they don’t have to worry about being victims of violent crime.

     Keeps Employees at Work. Full-time workers often have a hard time finding time to run errands, pay bills and visit their local bank branch. With an on-site ATM, employees have instant access to payday funds with no change to their work schedule or loss time. Since ATMatWork terminals are serviced and filled with notes weekly, employees never run short on cash – whether it is for break room vending or larger responsibilities, like utility bills.  

     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.

    ATMatWork is now offering an Allpoint surcharge-free ATM option. Transactions are free for employees who use some of the most popular paycards and bank at the more than 1,400 financial institutions that are part of the network.

    And best of all the ATM is hassle-free and, in most cases, less than what you pay in insurance for one employee each month.

  • 3 Ways to Help Employees Manage Their Time

    An efficient work-force is able to get things done safely and consistently. Unfortunately, staying on-task can be a challenge – especially when balancing personal and business priorities. Fortunately, there are ways to help your employees manage their time more effectively.

    1.  Invest in time and project management services – Many people plan their days in the morning. While this is not a bad thing, it often leads into a 24-hour mentality rather than an efficient use of time and energy. Fortunately, there are a variety of time management and project applications such as Todoist, Google Keep and Any.do that can eliminate the need for daily “to-do” lists while increasing employee-to-employee communication on projects.

    These types of applications provide a venue for employees to organize their tasks over a period of time and collaborate with other project participants and departments. Employees are able to stay up-to-date on the status of other aspects of projects, keep customers informed and plan based on the needs of the company.

    2.  Discourage Multitasking – Many people pride themselves on the ability to multitask. However, studies have shown that multi-tasking is not real. Instead of focusing on more than one thing at once, the human brain is actually rapidly switching between the two tasks. Neither task receives the full focus. Instead of attempting to juggle a multitude of items, it is best to focus on a single task with full attention before moving onto the next item.

    The “multi-tasking” mentality has become so ingrained in today’s culture that many employees may mistake their balancing of tasks as a benefit. Often, the ability to multi-task is looked on as a source of pride. It is important to present research dispelling this notion and train employees the value of focus.

    3.  Encourage Employees to Stay Onsite – Many employees will leave the campus during lunch or breaks in order to get food or run errands…especially banking. Providing an onsite ATM can offer a safe, easy cash and bank account access without the stress and dangers of traffic and long lines.

    Onsite ATMs can bring additional benefits including financial institution partnerships and offerings. These often include special checking, savings and loan offerings as well as financial education and/or mentoring to help employees navigate personal financial landmines, plan for retirement and make other important financial moves.

    Providing the appropriate tools and training is essential in creating a safe and efficient workplace. Onsite ATMs, time management training and project management services are just a few of the ways HR managers can offer guidance to employees.

  • ATMatWork Nets SEG Success for Anderson Federal Credit Union

    When AFCU was considering Employee Group ATMs but couldn’t justify the expense and management requirements. Fortunately, there was ATMatWork.