Marking the opening of its new 3,000-square-foot branch at Hopkins Square/Charles Village in downtown Baltimore, 660-branch, $55 billion-asset M&T (Manufacturers & Traders) Bank unveiled the location?s advanced Opteva “check-cashing” ATM ? the first of the high-end Diebold devices in the Baltimore area for the New York State-chartered bank.
“It?s a real value-add for customers,” said Philip Hosmer, M&T vice president of corporate communications. “You can just feed a check right into the slot, as you would feed a dollar into a vending machine. It pulls your check in [and] it does a digital image of it on screen. … And if you want to cash it, you can get it cashed to the penny.”
The ATM, which, through screen prompts, walks users through functions that include inter-account money transfers, withdrawals, deposit-taking and loan-paying (which requires the account number or payment stub), affords check-cashing privileges only to account-holders and in amounts no greater than the customer already has on deposit with the bank.
The ATM is available to account-holders 24 hours a day, seven days a week.
