Automatic Teller Machines (ATM) serve an important role in the complete banking experience. ATM’s provide outstanding convenience and a variety of banking services available at many locations.
Small, wallet sized cards allow access to ATM machines and often serve as debit cards that are accepted at most retail stores and supermarkets. The use of the card eliminates the need for paper checks and carrying cash. ATM’s can be accessed through any associated network with an active account holder’s card. However, it is important to note that ATM’s outside the network may charge transaction fees.
ATM Services
When accessing an ATM, customers will discover a myriad of services designed to make the banking experience quick and convenient.
* Deposits: Deposits can be made from any of the 4000 ATM’s within the nationwide network.
* Withdrawals: Withdrawals are available from 15,000 ATM’s located throughout the country.
* 24 Hour Service: ATM’s are accessible 24/7, which allows customers to tailor their banking needs to fit their own schedule.
* Usage Fees: There are no fees associated with the use of ATM services within the network.
* Mini Statements: Each transaction slip provides important account information.
ATM Benefits
An ATM debit card can help an account holder keep control of finances through better tracking. On monthly statements, each transaction is itemized with the amount and corresponding date. ATM cards largely eliminate the potential for unintended overdrafts.
Payments made with ATM debit cards are also more secure and remove any chance that cash will be lost or change miscounted. Convenient use of debit cards at gas pumps and retail outlets saves time while reducing the need for immediate manual record keeping. Since ATM’s can be extremely valuable for cash management when traveling, it is important to identify the different Credit Unions that belong to the cardholder’s network.
Security
When banking through an ATM, Wayne Westland Federal Credit Union members need to take appropriate precautions to assure the safety and security of their account. It is important to be cautious and observant when using an ATM, especially at night. The card ought to be ready for insertion before reaching the machine, and other people should be blocked from seeing the pin number entry. When withdrawing cash, never count it while standing in front of an ATM. Wait for a receipt, and make sure it is not left in the machine.