Woodgrove Bank ATM Activity Overview
Woodgrove Bank currently operates over 275 ATMs across Central City and surrounding counties, with an average of 120 daily transactions per ATM. The top six locations generate significant revenue through monthly transactions, showcasing the popularity of services like cash withdrawals, account balance verifications, fund transfers, and deposits. The bank's ATM business has seen a 17% increase in revenue yearly.
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Presentation Transcript
Woodgrove Bank Current and Proposed ATM Activity
Overview More than 275 ATMs currently installed ATM locations in Central City and five surrounding counties Average 120 daily transactions per ATM Revenues up 17% per year, on average
Most Common ATM Uses Withdraw cash >$100 Verify account balance Transfer between accounts Withdraw cash >$250 Deposit cash Deposit personal checks Deposit business receipts
Current Top Six Locations Location Monthly Transaction Value Monthly Fee Revenue 1. Chestnut Mall $1,700,000 $225,000 2. Birch Shopping Center $1,200,000 $198,000 3. Maple Lake Mall $1,050,000 $164,000 4. Willow Place $934,000 $106,000 5. Walnut Shoppes $859,000 $92,000 6. Oak Square $802,000 $88,000
