Multiyear Agreement Gives Fifth Third Bank Customers Free ATM Access at 7-Eleven
IRVING, Texas — Fifth Third Bank will provide its customers with fee-free cash and account access at ATMs inside 7-Eleven Inc. convenience stores throughout the United States.
FCTI Inc., a nationwide ATM solutions provider that specializes in in advanced ATM placements and operations for financial institutions and retailers, recently completed installation and execution of the multiyear contract.
The agreement also provides branded marketing and messages for Fifth Third cardholders on ATM screens.
"Fifth Third understands that our customers don't want to pay to access their own money. Now when they walk into 7-Eleven stores, they can use the ATM without paying a fee," said Brad Farris, ATM distribution strategy manager for Fifth Third Bank. "We always want to make banking more convenient for our customers and are excited about this new relationship with FCTI."
Robel Gugsa, CEO of FCTI, added: "Our MBA program offers a unique opportunity for banks to generate greater awareness of brand, products, and services — utilizing technologies not available at other ATMs. We are very excited to be working with Fifth Third to help provide their customers surcharge-free ATM access nationwide at 7-Eleven as well as an additional tool for use in the bank's marketing."
Based in Irving, 7-Eleven operates, franchises and/or licenses more than 66,000 stores in 17 countries, including 11,600 in North America.