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APRIL 21, 2015, MT. PROSPECT, IL – Reports of the death of the bank branch are decidedly premature – branch banking is not going away any time soon. The fact remains that Financial Institutions (FIs) that have a visible network of branch locations tend to instill more confidence and credibility than those that don’t. However, because of the rise of high-tech banking, faster and more convenient transactions for customers at the branch are becoming all the more critical.
For the second time in four years, Cummins Allison, the leading innovator and provider of coin, currency and check handling solutions, as well as ATMs, has been recognized with the number one ranking on Crain’s Eureka Patent Quality Index.
MARCH 31, 2015, MT. PROSPECT, IL – Cummins Allison, the leading innovator and provider of coin, currency and check processing solutions, as well as ATMs, today announced SUPERVALU INC., a U.S. grocery industry leader, has added Cummins Allison’s Money Machine® 2 self-service coin counters across multiple store locations in Maryland, Missouri, Illinois and Virginia.
Research highlighted in a new report published by the Federal Deposit Insurance Corp. (FDIC) reveals that brick-and-mortar bank branches remain prevalent in today’s financial services industry. Data highlighted in the report also provides a “testament to the enduring value of physical access to banking services,”1 despite the growth of digital and self-service channels.