BETHESDA, Md., Aug. 26, 2009 (GLOBE NEWSWIRE) -- Allpoint Network, a wholly-owned subsidiary of Cardtronics, Inc. (Nasdaq:CATM), announced the signing of PBI Bank, a $1.7 billion asset bank with 18 locations in Kentucky. With over 200 Allpoint ATMs across Kentucky, PBI Bank now offers unlimited surcharge-free access to three times as many ATMs as the largest Kentucky-headquartered bank.
"We are excited about our first Kentucky-based bank," said Ben Psillas, President of Allpoint. "The third largest Kentucky-based bank has leveled the playing field with national institutions competing for customers in their market by adding 35,000 surcharge-free ATMs nationwide."
Commenting on the Allpoint relationship, Maria L. Bouvette, President of PBI Bank, said, "We are pleased to join Allpoint to offer the largest network of surcharge-free ATMs in Kentucky. We believe this agreement provides PBI customers additional value by extending access to their accounts through more ATMs in Kentucky and the United States on a surcharge-free basis."
About Allpoint:
Allpoint, an affiliate of Cardtronics (Nasdaq:CATM), is America's Largest Surcharge-Free ATM Network with 37,000 ATMs in leading national and regional merchant locations across the United States and the United Kingdom. Allpoint provides greater access, convenience and savings to customers of financial institutions while providing institutions the tools to compete more effectively for customers. For more information or to find the nearest Allpoint surcharge-free ATM, please visit www.AllpointNetwork.com. For information about Cardtronics, please visit www.cardtronics.com.
The Allpoint Network logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2368
About PBI Bank:
PBI Bank operates 18 full-service banking offices in 11 counties in Kentucky and is a wholly-owned subsidiary of Porter Bancorp, Inc., a bank holding company headquartered in Louisville, Kentucky. Porter Bancorp's common stock is traded on the NASDAQ Global Market under the symbol "PBIB."