Bank of America Corp., the state’s largest bank, has reduced the number of ATMs it has in the Bay State by about 50, or 4 percent, to 1, 203 over the last year. Webster Bank, one of the largest banks based in New England, recently decided to end an agreement to keep its brand name on 140 ATMs in Walgreens drugstores in Massachusetts, Rhode Island, and Connecticut.
Bank of America recently lost a contract with McDonald’s to provide ATMs at 11 rest stops along the Massachusetts Turnpike. An independent ATM operator now operates the machines under Citibank’s brand. Bank of America will also lose two of its 11 ATM locations at Logan International Airport in Boston in November after the Massachusetts Port Authority, which operates the airport, sought new bids for all its ATM leases.
In addition, Bank of America recently severed an agreement to provide ATMs at Simon Malls across the country, such as South Shore Plaza in Braintree and the Burlington Mall, part of the bank’s efforts to streamline operations.
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The bank also has closed branches, which typically include ATMs, to become more efficient. Last year, the bank announced plans to close roughly 750 of 5, 700 branches nationwide over the next few years. It has closed a half-dozen in Massachusetts.
Even so, Bank of America remains the largest ATM provider in the state by a wide margin. Bank of America spokeswoman Anne Pace said the company plans to expand its network of ATMs across the country to “ensure our customers have access when and where they need it.”
Meanwhile, Webster’s regional president, Paul Mollica, said the Connecticut bank decided not to renew the contract for ATMs in Walgreens — which expires early next year — to focus on running its own machines. The Walgreens ATMs are operated by an independent ATM operator, Cardtronics, which in turn signed the branding agreement with Webster.
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“The bank is spending a considerable amount of money updating its own ATM network, so we decided to use the money toward that end, ” Mollica said.
Webster has closed 14 branches since the beginning of 2011, including one in Massachusetts; it has 167 branches in four states, including two dozen in Massachusetts.
But Mollica said the bank continues to consider expanding in Massachusetts, either by making acquisitions or opening branches. Webster has 25 workers in its Boston office, up from 11 when it opened the office three years ago in the old Boston Stock Exchange building.Before you leave our site, we want you to know your app store has its own privacy practices and level of security which may be different from ours, so please review their policies.
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Bank Of America Financial Centers And Atms
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Our financial center with walk-up ATM in New York makes it easy to take care of a full range of financial needs, whether you’re making transactions on the go or looking for more personalized financial help. Our financial center specialists are focused on providing the advice and guidance you need, wherever you may be in your financial journey.
Whatever your needs, a Bank of America financial center with walk-up ATM in New York can help. Make an appointment to speak with one of our specialists or take advantage of the many banking services our ATMs have to offer.
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You can also use a tap-to-pay card or a smartphone to make transactions at our cardless ATMs. To use a smartphone, just pull up to our drive-thru ATM in New York, select your Bank of America debit card from your digital wallet, hold your phone to the contactless reader, enter your PIN and start your transaction.
To make on-the-go banking even more convenient, our ATMs in New York provide instructions in several languages, including English, Spanish, Chinese, Korean, French, Russian and Portuguese.
Meet with dedicated specialists who focus on providing the advice and guidance you need, wherever you may be in your financial life. From your personal accounts to saving for large purchases, planning for your future and even starting or growing your business, your future moves at your schedule. Whenever you’re ready, a specialist will work with you at a time that’s right for you.
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Top 10 Best Bank Of America Atm Locations Near Staten Island, Ny 10310
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