Bank of America Pulls ATMs from Two Grocery Store Chains

Simon Zhen

Updated on Tue Jul 31, 2012

Last week, it was reported that Bank of America plans to make a major reduction in its ATM network this year. The bank said it plans to pull ATMs from 36 Harris Teeter supermarkets and 25 Bi-Lo locations in the Southeast. Bank of America has started pulling the ATMs in recent weeks.

Some of these ATMs did not take customer deposits and were not accessible 24 hours a day.

The bank also plans to pulls ATMs from malls and retail locations. In 2012, Bank of America’s ATM network shrunk by 9 percent.

This week, PNC Bank announced that it would expand ATM access to nearly 200 Harris Teeter stores.





Post a Comment