Press
PenFed partners with Welch ATM to brand ATMs at select Rite Aid stores
ALEXANDRIA, VA and PEORIA, IL (October 18, 2013) — Welch ATM and PenFed (Pentagon Federal Credit Union) announced today that PenFed branded ATMs are now available in select Rite Aid pharmacies throughout Maryland, Virginia and the greater D.C. Metro area.
In addition to custom branding, Welch ATM is providing new, fully compliant ATM machines and complete management.
“Working with Rite Aid has given Welch ATM the ability to conveniently place over 2,000 ATMs throughout the United States,” said Christy Nusz, director of financial sales for Welch ATM. “We are very excited to be providing PenFed with the opportunity to increase its brand awareness at these 167 Rite Aid pharmacies.”
The Rite Aid pharmacies that are hosting the PenFed branded machines were carefully selected with convenience in mind and the new ATM locations are available to both PenFed members and non-members. Additionally, the ATMs are surcharge-free to all PenFed members using PenFed cards, while a $3.00 transaction fee will apply to non-members.
“We have thousands of members who live in these combined regions,” said Kevyn Myers, executive vice president of Card Services with PenFed, “so it is a pleasure to announce that we are extending PenFed branded ATM services in these convenient Rite Aid locations. This service arrangement with Welch allows us to more than double our fleet in an efficient, cost effective manner.”
To locate a Rite Aid location that hosts a PenFed branded ATM, visit www.penfed.org/PenFed-ATM-Locations/
About Welch ATM
Welch ATM is an independent ATM company founded in 1973. With over three decades of ATM industry experience and service, Welch has developed relationships with over 1,000 financial institutions and major retailers. Welch ATM is a top branding partner in the industry, focusing on customer satisfaction and working individually with each client to create strategies that best fit their goals and needs. Welch is a privately held company with over 22,000 ATMs under management nationwide.
About PenFed (Pentagon Federal Credit Union)
Established in 1935, PenFed is one of the largest credit unions in the country serving over 1.2 million members worldwide; with more than $16 billion in assets. Its longstanding mission has been to provide superior financial services, responsive to members’ needs in a cost effective manner. PenFed offers market leading mortgages, automobile loans, credit cards, checking and a wide range of other financial services with its members’ interests always in mind. Serving a diverse population, there are hundreds of ways to become a PenFed member; including numerous association members and employee groups. PenFed is federally insured by the National Credit Union Administration (NCUA), does business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act and is an equal housing lender.
To learn more about PenFed and find out how to become a member, call 800.247.5626 or visit PenFed.org.