PlainsCapital Bank Partners with Cardtronics to Expand Surcharge-Free ATM Access for Customers

Rhea-AI Summary

Cardtronics has partnered with PlainsCapital Bank to enhance customer access to cash without surcharge fees through the Allpoint Network. This collaboration expands PlainsCapital's ATM offerings, enabling customers to find over 55,000 surcharge-free ATMs nationwide. PlainsCapital aims to elevate customer convenience as the banking landscape evolves, while Cardtronics highlights its role in facilitating cash transactions.

Positive

• Partnership with PlainsCapital enhances customer access to over 55,000 surcharge-free ATMs through Allpoint Network.
• Expansion of ATM network improves customer convenience, potentially increasing customer loyalty and foot traffic.

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• None.

HOUSTON, July 09, 2020 (GLOBE NEWSWIRE) -- PlainsCapital Bank, one of the largest banks headquartered in Texas based on deposits, has partnered with Cardtronics to provide its customers convenient and surcharge-free cash access through the Allpoint Network of ATMs.

Allpoint, the largest surcharge-free ATM network in the U.S., has more than 55,000 ATMs worldwide. It provides banks like PlainsCapital convenient access to a physical infrastructure of secure and reliable ATMs at top retail establishments, including grocery and convenience stores, pharmacies, and big-box stores. The addition of Allpoint ATMs to the PlainsCapital fleet of ATMs immediately broadens the scope of surcharge-free cash access points available to PlainsCapital customers.

“As the world of banking continues to evolve, it’s important that we give our customers widespread ability to withdraw funds without transaction fees,” said PlainsCapital Bank Chief Administrative Officer Pete Villarreal. “By partnering with Cardtronics, we have once again elevated the way we support our customers by adding another layer of convenience and scale.”

“We are excited to have PlainsCapital join our Allpoint Network to heighten the way it supports its customers’ financial needs,” said Carter Hunt, Managing Director of North America at Cardtronics. “We look forward to ensuring PlainsCapital customers have convenient access to cash no matter where they are without having to pay added fees.”

PlainsCapital customers can find Allpoint ATMs using the Allpoint locator at allpointnetwork.com/locator.

About PlainsCapital Bank

PlainsCapital Bank, the fifth-largest Texas bank by deposit market share, operates 62 Texas branches and has more approximately 1,100 employees providing highly personalized relationship banking through a single point of contact. Offering commercial lending, treasury management, small business banking, private banking, and trust and wealth management services, PlainsCapital Bank empowers responsive, local decision making in each of its major markets: Austin, Corpus Christi, Dallas, Fort Worth, Houston, Lubbock, the Rio Grande Valley, and San Antonio. PlainsCapital Bank is a wholly owned subsidiary of Hilltop Holdings (NYSE:HTH). Find more information at PlainsCapital.com.

About Cardtronics (NASDAQ: CATM)

Cardtronics is the trusted leader in financial self-service, enabling cash transactions at approximately 285,000 ATMs across 10 countries in North America, Europe, Asia-Pacific, and Africa. Leveraging our unmatched scale, expertise, and innovation, top-tier merchants and businesses of all sizes use our ATM solutions to drive growth, in-store traffic, and retail transactions. Financial services providers rely on Cardtronics to deliver superior service at their ATMs, on Cardtronics ATMs where they place their brand, and through Cardtronics' Allpoint Network, the world’s largest surcharge-free ATM network, with over 55,000 locations. As champions of cash, Cardtronics converts digital currency into physical cash, driving payments choice for businesses and consumers alike. To learn more about Cardtronics, visit www.cardtronics.com and follow us on LinkedIn and Twitter.

Contact Information:

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30%; width:30%; min-width:30%;">Media Relations Lisa Albiston VP Public Relations and Communications 832-308-4000 corporatecommunications@cardtronics.com	70%; width:70%; min-width:70%;">Investor Relations Brad Conrad EVP – Treasurer 832-308-4000 ir@cardtronics.com
For more information, please visit: www.cardtronics.com www.allpointnetwork.com

Cardtronics is a registered trademark of Cardtronics plc and its subsidiaries.
All other trademarks are the property of their respective owners.

FAQ

What is the significance of the partnership between Cardtronics and PlainsCapital Bank?

The partnership significantly enhances customer access to over 55,000 surcharge-free ATMs, improving convenience and reducing transaction costs for PlainsCapital customers.

How does the Allpoint Network benefit Cardtronics (CATM)?

The Allpoint Network allows Cardtronics to increase its ATM footprint, driving growth in cash transactions and enhancing service offerings to banks like PlainsCapital.

When was the partnership between Cardtronics and PlainsCapital Bank announced?

The partnership was announced on July 9, 2020.

What does the Allpoint Network consist of?

The Allpoint Network consists of more than 55,000 ATMs across various retail establishments in the U.S., providing surcharge-free access for consumers.

What does this partnership mean for customers of PlainsCapital Bank?

Customers of PlainsCapital Bank will have expanded access to cash without incurring transaction fees, enhancing their banking experience.