HOUSTON, Dec. 4, 2012 (GLOBE NEWSWIRE) -- Cardtronics (Nasdaq:CATM) today announced—as part of a newly formed ATM branding relationship—customers of Sunbelt region financial institution BBVA Compass now have fee-free cash access at 178 Cardtronics-owned and -operated retail ATMs located in Colorado. With $63.1 billion in assets, Birmingham, Ala.-based BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share.
In Colorado, BBVA Compass deepens its fee-free ATM footprint primarily in Denver and Colorado Springs, choosing select Valero Corner Store and Safeway supermarket locations from Cardtronics' portfolio of brand-able retail ATMs. Additionally, every Costco in Colorado (12 total locations) now has a Cardtronics-owned, BBVA Compass-branded ATM.
"Branding Cardtronics' ATMs at Valero Corner Stores, Safeway and Costco stores makes BBVA Compass stronger and more accessible in Colorado," said Andy Hernandez, executive vice president, ATM & Online Channel at BBVA Compass. "These additional ATMs give our customers convenient and fee-free access to cash in a retail environment, where they're most likely to need it."
BBVA Compass has an ATM network of more than 1,200 machines across seven Sunbelt states.
"Branding Cardtronics ATMs—hosted by well-known and conveniently located retailers—delivers to BBVA Compass, and its customers, benefits of both a financial and lifestyle nature," said Rick Updyke, president, U.S. Business Group, Cardtronics. "Saving BBVA Compass customers the ATM fee, while providing surcharge-free cost certainty for the bank, defines the financial benefit. As for lifestyle enhancement, ATM branding is about getting BBVA Compass closer to its customers and meeting them on their terms, in the retail world when a need for cash arises."
About BBVA Group
BBVA is a customer-centric global financial services group founded in 1857. The group has a solid position in Spain, is the largest financial institution in Mexico and has leading franchises in South America and the Sunbelt region of the United States. Its diversified business is geared to high-growth markets and relies on technology as a key sustainable competitive advantage. BBVA ranks among the leading eurozone banks in terms of ROE and efficiency. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices. The group is present in the main sustainability indexes.
About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates more than 710 branches, including 371 in Texas, 93 in Alabama, 78 in Arizona, 65 in California, 45 in Florida, 37 in Colorado and 21 in New Mexico. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the leading Small Business Administration lenders and was named retail bank "Brand of the Year" by a Harris Poll EquiTrend study in 2011. Additional information concerning BBVA Compass can be found on our website, www.bbvacompass.com.
About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and live their lives, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics owns/operates more than 61,700 retail ATMs in U.S. and international locales. Whether Cardtronics is driving foot traffic for America's most relevant retailers, enhancing ATM brand presence for card issuers or expanding card holders' surcharge-free cash access on the local, national or global scene, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.
The Cardtronics logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=991
BBVA Compass is a trade name of Compass Bank. Compass Bank, member FDIC.
Cardtronics and Allpoint are registered trademarks of Cardtronics, Inc.
All other trademarks are the property of their respective owners.
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