Many ATMs from the former M&I Bank will be replaced with ATMs that offer better technology and greater convenience.

BMO Harris Bank, the U.S. banking subsidiary of BMO Financial Group (NYSE: BMO), will be upgrading the ATM banking experience at many former ATMs from the newly-acquired Marshall & Ilsley Bank.

Many of the old ATMs will be replaced by NCR SelfServ ATMs, which will sport NCR’s Scalable Deposit Module (SDM) technology.

The new ATMs allow customers to deposit both cash and checks together through a single slot. Many consumers are more used to separating their cash deposits and check deposits, which takes more time and deteriorates the ATM banking experience.

NCR says that the module will allow a typical customer to deposit five bank notes and two checks in less than 60 seconds. Also, an NCR technology within SDM will play a role in reducing the frequency of jammed or rejected checks by removing imperfections — such as wrinkles — during the scanning process.

View the video of NCR’s SDM in action:

Integration of ATM Networks

M&I Bank entered an agreement to be sold to BMO Financial Group (NYSE: BMO) for $4.1 billion in December 2010. After the acquisition was completed in July 2011, M&I Bank was merged with Harris Bank to form BMO Harris Bank N.A.

While the transition is expected to be an arduous process, changes have already begun.

In the earliest stages of combining the operations of the two banks, debit or ATM card customers of the former Harris Bank or M&I Bank are able to use ATMs from either bank without incurring an out-of-network transaction fee.

Meanwhile customers will see re-branding measures in the coming months.

M&I Bank was the largest bank in Wisconsin with 374 branches and $38 billion in deposits.

Currently, BMO Harris Bank operates 700 branches and 1,350 ATMs throughout Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Arizona, and Florida.

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