“The risk is too high, especially when the thief knows the area is well-lighted.”Īkron National Bank, formerly known as Akron Dime Bank and soon to be rebranded as BancOhio, installed machines at four strategic locations: 1546 W. “In the time these have been in existence, there has never been a case of someone being robbed while using the machine,” Docutel spokesman Charley Alber boasted. downplayed any concerns about crimes being committed at bank machines in the middle of the night. The company’s ATMs were always installed in “well-lighted areas” that were always “well-patrolled by the police,” it noted. They had to return to the bank during business hours to show identification and retrieve their cards. Pity the poor customers who simply couldn’t remember their numbers, though. It was a security measure to ward against unscrupulous people trying to guess codes for cards that they were not authorized to use. The machine gobbled the card after the third wrong attempt. If done correctly, the process took about a minute and the machine issued a receipt for the transaction.Īs a safeguard against theft, customers had three chances to punch in the correct code. “By pressing the correct button, the individual can withdraw or deposit money into savings or checking accounts, make loan or utility bill payments, transfer money from one account to another, and even get a Master Charge cash advance,” the Beacon Journal informed readers.
#ANYTIME ATM CODE#
Customers had to punch in an “individual identification code number,” soon to be known as a personal identification number (PIN), before a transaction could begin. Specially encoded Master Charge cards, loaded with the proper account information, were inserted into a slot in the Anytime Bank.
There were only 1,200 automated tellers in the entire country in 1973. In a two-year span, the Texas company had built 800 machines for banks across the continent. of Dallas manufactured the Akron bank’s ATMs. “Once our Anytime Banks open, they’ll never close again.” “Soon you’ll bank whenever you want to with a new kind of teller that never sleeps and does almost everything our regular tellers do. The company outfitted a van with a working model and drove to shopping centers and other public places to demonstrate the simplicity and convenience of “Anytime Banking.” The machine could perform more than 80% of the services normally available from human bankers, corporate spokespeople explained.
#ANYTIME ATM TV#
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introduced ATMs to the community in 1973 under the name of Anytime Banks, but it took a little coaxing before local residents trusted robots with their money. If customers were running low on money, they no longer had to wait until a bank opened, get cash back on a personal check or borrow a few bucks from a friend.Īkron National Bank and Trust Co. The 24-hour machines were available whenever people wanted, including evenings, weekends and holidays. Vipassana 24x7 ATM Facility all other times.Automated teller machines revolutionized banking overnight.Ĭustomers could withdraw cash at 10 p.m., make a deposit at midnight or pay bills at 2 a.m. Belapur,Navi Mumbai 400614|27522404/27522277 (Office Timings:11am - 5pm) | ĭADAR NAIGON : Vipassana ATM Facility, 6A Old BDD Chawl, V.
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