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Cardtronics Cash Machines Help BBVA Compass Expand Fee-Free ATM Access In Colorado

Published on 04 Dec 2012

Cardtronics (NASDAQ: CATM) reported that as part of a newly formed ATM branding relationship, customers of Sunbelt region financial institution BBVA Compass now have fee-free cash access at 178 Cardtronics-owned and -operated retail ATMs located in Colorado. With $63.1 billion in assets, Birmingham, Ala.-based BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share.

In Colorado, BBVA Compass deepens its fee-free ATM footprint primarily in Denver and Colorado Springs, choosing select Valero Corner Store and Safeway supermarket locations from Cardtronics’ portfolio of brand-able retail ATMs. Additionally, every Costco in Colorado (12 total locations) now has a Cardtronics-owned, BBVA Compass-branded ATM.

All BBVA Compass-branded ATMs are available today and searchable using the BBVA Compass branch and ATM locator, available at bbvacompass.com, as well as through all BBVA Compass mobile banking apps.

“Branding Cardtronics’ ATMs at Valero Corner Stores, Safeway and Costco stores makes BBVA Compass stronger and more accessible in Colorado,” said Andy Hernandez, executive vice president, ATM & Online Channel at BBVA Compass. “These additional ATMs give our customers convenient and fee-free access to cash in a retail environment, where they’re most likely to need it.”

BBVA Compass has an ATM network of more than 1,200 machines across seven Sunbelt states.

"Branding Cardtronics ATMs—hosted by well-known and conveniently located retailers—delivers to BBVA Compass, and its customers, benefits of both a financial and lifestyle nature,” said Rick Updyke, president, U.S. Business Group, Cardtronics. “Saving BBVA Compass customers the ATM fee, while providing surcharge-free cost certainty for the bank, defines the financial benefit. As for lifestyle enhancement, ATM branding is about getting BBVA Compass closer to its customers and meeting them on their terms, in the retail world when a need for cash arises.”