BETHESDA, Md., Sept. 11, 2008 (GLOBE NEWSWIRE) -- Allpoint Network, America's largest surcharge-free ATM network, announced the signing of Gorham Savings Bank, a $750 million bank with nine locations in the greater Portland, Maine area. With over 2,400 Allpoint ATMs across New England, Gorham Savings Bank now offers unlimited surcharge-free access to 30% more ATMs than Bank of America.
"We are excited about our first Maine-based institution," said Ben Psillas, President of Allpoint. "Gorham's addition of Allpoint's 35,000 surcharge-free ATMs establishes a new standard of cardholder convenience in Maine and New England."
Gorham Savings Bank serves 23,000 business and individual customers, most of which are in northern New England. Their successful 140 year history has many examples of product and service innovations that respond to unique customer requests. "Our customers are asking for more surcharge free ATM access," says Gren Blackall, Chief Deposit Officer. "We have a check-less checking account with free access to every ATM in the nation, but a paperless account does not appeal to everyone. Allpoint's broad network and unique retail outlets round out our product set so every debit and ATM cardholder has free access to their cash in most U.S. cities."
About Allpoint:
Allpoint, a division of Cardtronics (Nasdaq:CATM), is America's Largest Surcharge-Free ATM Network, with 35,000 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 institutions 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.
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About Gorham Savings Bank:
Gorham Savings Bank is a progressive, growing community bank based in Gorham, Maine, with offices throughout the Portland metropolitan area. They offer banking and insurance, as well as investment services through Gorham Financial Group / Invest Financial Corporation (this is a third party relationship which is not an affiliate of Gorham Savings Bank). With their industry-leading talent and a new Commercial Banking facility in Portland, they have tripled their Commercial relationships over the last five years. Their reputation for solid management and excellent customer service has made Gorham Savings Bank a premier banking organization for 140 years. Visit www.gorhamsavingsbank.com to meet them. Gorham Savings Bank is a Member of FDIC.