FNB ATM network increases 30% with PAI, Royal Farms partnership

First National Bank, the largest subsidiary of F.N.B. Corporation, Payment Alliance International and Royal Farms announced a partnership agreement that will deploy more than 190 FNB-branded PAI ATMs in 93 Royal Farms convenience stores. The stores are located throughout Maryland, Baltimore and Washington, D.C. areas and will increase FNB's multi-state ATM network by more than 30% according to a press release.

The agreement enables FNB to connect cash distribution with online and mobile banking providing customers with access to essential banking products and services throughout a broader geographic region.

In addition to withdrawals, transfers and balance inquiries, several of the Royal Farms FNB ATMs will also feature check and cash depositing capabilities.

The FNB-branded ATMs will be operational beginning in February 2021. This new partnership increases FNB's total ATM count to nearly 800 machines, part of an expansive physical network including hundreds of branches operating in seven states and the District of Columbia.

«As the largest privately held ATM portfolio management company in the U.S. we assist a wide range of financial institutions and companies to provide cash access to their customers wherever they are. This partnership allows First National Bank to increase its physical ATM presence to better meet the current and future financial needs of its client base,» Jeffery B. Keith, Chief Operations Officer, PAI said in the release.

Source: ATM Marketplace