Consumer Payment Card News

ATM Gold

If you use an ATM in Arkansas you might strike gold instead of dollar bills. Arkansas Federal Credit Union wanted to raise its maximum ATM transaction amount from $300 to $500 but was concerned about the increased frequency of reloading its machine. The solution was found in dispensing the new Sacagawea golden one dollar coin which freed up a note dispenser for $50 bills.The credit union is the first financial institution in the country to dispense the newly minted, golden one dollar coin at an ATM. AFCU has a network of 14 Diebold advanced-function ATMs in their branch offices providing a variety of services, including the ability to cash checks to the penny. The credit union serves the Little Rock Air Force Base, Fort Chaffee, Camp Pike and Camp Robinson; the National Guard and Reserves; federal, state, county and municipal government agencies and select employer groups throughout Arkansas.

Leave A Reply