BankingBusiness

PenFed: Expands Partnership with NCR Corporation

PenFed: Expands Partnership with NCR Corporation

  • PenFed America’s second-largest federal credit union, serving 2.4 million members worldwide with over $28 billion
  • NCR is a leading software- and services-led enterprise provider in the financial, retail, and hospitality industries
  • Expanding its long-standing relationship with NCR and its newly acquired Cardtronics business
  • Cash deposits at ATMs add another layer of convenience as over 85% of member transactions occur online
  • Adding cash deposits at premium retail locations enables members to make convenient deposits near where they live
  • NCR plans to have over 1,800 cash deposit-enabled ATMs deployed in the largest and fastest-growing markets by the end of the year
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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