News & Events

Cummins Allison Announces New Self-Service Coin Product: Money Machine™ 2 Coin Counter

Financial institutions benefit from the world’s most powerful coin counter with the industry’s highest bin and sorted bag capacity

 

November 5, 2013, Mt. Prospect, IL— Cummins Allison, the leading innovator and provider of currency, coin, check handling solutions and automated teller machines (ATMs), today announced a new addition to its coin products: Money Machine2 self-service coin counter. New features include greater overall capacity with 16 sorted bags, innovative bag management tools, counts that are more accurate than ever and a quieter, more cost-effective product. Money Machine 2 gives financial institutions more options for easily adding self-service coin counting to their business.


Greater bag capacity and bag management


Money Machine 2 coin counter is the only self-service coin machine to offer 16 sorted-bag capacity, making it easier to manage and transport coin, and providing more flexibility for coin collection and pickup. Money Machine 2 sorts coin by denominations into up to 16 high-volume bags, for a combined capacity of 72,000 coins. Bag stations roll out for easy access and changing. Tellers will appreciate the new highly visual bag management system displayed on the unit’s LCD. Steps for changing full bags are simplified and the interactive display keeps training to a minimum.

FIs can also select a high-capacity bin unit, featuring ultra-strong polymer bins that are easy to change using Cummins Allison’s lightweight dollies. Bins can be stacked for convenient storage. Bin models feature up to 70,000 mixed coin capacity.


Quieter operation, enhanced coin discrimination and more


Coin counters attract new customers but the sound can disturb tellers. Money Machine 2 features quieter operation, due to new sound-deadening components throughout the machine.

Accuracy is a critical component in coin processing. Enhanced coin discrimination technology enables Money Machine 2 counters to differentiate coin more precisely, providing more accurate totals.

Money Machine 2’s sleek, contemporary charcoal cabinet complements any lobby environment. Additional housing options include elegant stainless steel panels and/or custom graphics that reflect your brand.

New low prices make Money Machine 2 more cost-effective than ever.


Flexible choices increase profitability potential
 

While savvy FIs realize the value of self-service coin redemption, it’s not always possible to purchase a coin counting machine. Cummins Allison now offers more procurement options to choose from so FIs can easily add this valued service to their branch.

 

  • Ownership: to maximize long-term profitability and return on investment (ROI).

  • Leasing: for retention of capital to generate earnings while maximizing the profit of ownership.
  • Renting: lets FIs count on a fixed expense, the ability to set user fees and cover their expenses.
  • Placement: requires no investment; Cummins Allison places the coin counter free of charge and manages the entire coin-counting solution for you.

“Self-service coin redemption is an essential service for customers and it keeps tellers focused on high-value tasks, while increasing cross-selling opportunities,” said Jim Weaks, vice president, Cummins Allison. “The addition of Money Machine 2 to our portfolio provides greater enhancements that FIs will appreciate. Backed by our commitment to deliver the most dependable coin-counting equipment and services, we believe Money Machine 2 allows virtually any bank or credit union to add coin counting services to their operation.”


Meet Money Machine™ 2 at Banking Administration Institute (BAI) Retail Delivery November 5-7, 2013


Conference attendees at BAI Retail Delivery in Denver, CO will be able to see Money Machine 2 first-hand in booth #3013. Cummins Allison will also be showcasing its newest line of full-function ATMs. The ATM line includes freestanding lobby terminals to full-function drive up units; all of which are EMV-capable and can integrate with virtually any ATM application software. Financial institutions looking to expand or replace their ATM technology now have the option of selecting high-quality, cost-effective ATM equipment that is backed by a nationwide network of local, reliable and professional sales, service and customer support.

For more information on Money Machine 2 and how FIs can boost branch traffic and customer satisfaction with coin redemption, visit www.cumminsallison.com/moneymachine


About Cummins Allison
 

Cummins Allison is a global leader in developing solutions that quickly and efficiently count, sort and authenticate currency, checks and coin. We also offer a completeline of full-function automated teller machines (ATMs). Our leadership in technology and product innovation spans more than 125 years. CumminsAllison serves the majority of financial institutions worldwide, as well as leading organizations in retail, gaming, law enforcement and government. Ninety-seven percentof our customers would recommend our products and services.The company holds more than 350 patents and invests double the industry average in R&D. Our world-class sales and service network includes hundreds of local representativesin more than 50 offices in North America, wholly-owned subsidiaries in Canada, the United Kingdom, Germany, France, Ireland and Australia and is represented in more than 70 countries around the world.For more information, visit cumminsallison.com.

 

Contacts


Carol Moore – Vice President Marketing
Cummins Allison Corp.
Tel: 847.759.6403
moorec@cumminsallison.com

Andrea Davis

Outlook Marketing Services, Inc.

Tel: 740-501-3609

andrea@outlookmarketingsrv.com