BETHESDA, Md., Feb. 1, 2007 (PRIME NEWSWIRE) -- Allpoint(tm), America's largest surcharge-free ATM network, announced the signing of the largest direct bank, ING DIRECT. By joining Allpoint, ING DIRECT now provides their customer base with 32,000 surcharge-free ATMs covering all 50 states.
"We are excited that ING DIRECT has joined Allpoint," said Ben Psillas, President of Allpoint Network. "Unlike traditional brick and mortar banks which tend to have high overhead costs, ING DIRECT passes on savings to its customers by doing business online and over the phone. Our nationwide footprint is a natural fit with ING DIRECT."
"At ING DIRECT, we provide customers with a banking experience that is simple and secure," said Jim Kelly, Chief Operating Officer, ING DIRECT. "The surcharge-free Allpoint Network truly lets customers 'save' their money."
Allpoint provides ING DIRECT's customers with unlimited access to surcharge-free ATMs coast to coast located at convenient retailers such as Target and Costco. Participation in Allpoint offers card issuers access to a nationwide physical distribution channel at a fraction of the cost of building and maintaining their own network.
Allpoint's unique membership structure makes it very simple for a bank to join and even easier for its customers to use. Joining Allpoint provides the following benefits:
- Banks that already have their ATMs do not participate
- Card reissuance or processor conversion is not required
- Card-based pricing provides cost-effective and predictable cost
structure
Allpoint complements any card-issuer's current membership in other surcharge-free networks.
About Allpoint
Allpoint, a division of Cardtronics, is America's Largest Surcharge-Free ATM Network, with 32,000 ATMs in leading national and regional merchant locations across the country. Allpoint provides greater access, convenience and savings to customers of financial institutions with limited ATM presence while providing the institution with the tools to compete more effectively for customers. For more information or to find the nearest Allpoint surcharge-free ATM, visit the company's web site at www.AllpointNetwork.com.
The Allpoint Network logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=2368
About ING DIRECT
ING DIRECT, the nation's largest direct bank and fourth-largest thrift, is dedicated to inspiring Americans to become a nation of savers. Since its inception in 2000, more than 4.6 million Americans have entrusted their savings with ING DIRECT, building the bank to $65 billion in assets. Backed by one of the largest financial services organizations in the world, ING GROUP (NYSE:ING), ING DIRECT offers industry leading interest rates, the most advanced innovations in web security and customer service, and a culture of consumer education and advocacy. ING DIRECT is also an FDIC Member and an Equal Housing Lender. For more information on ING DIRECT, or to learn more about the bank's high-value products, including the Orange Savings Account and the Orange Mortgage, visit www.ingdirect.com or call 1-800-ING DIRECT.