HOUSTON, April 6, 2006 (PRIMEZONE) -- Cardtronics Inc. and HSBC Bank USA, N.A., have closed a deal that will enable HSBC to brand up to 59 ATMs in Walgreens locations in Northern New Jersey. Installations are expected to be completed by early June of this year. In addition, all HSBC-branded ATMs in Walgreens stores will be surcharge-free to the bank's customers -- just like its on-premise ATMs.
HSBC Bank USA is the U.S. banking unit of one of the world's largest financial services companies. The bank has nearly 400 branches in New York State and began its New Jersey expansion in June 2005. HSBC also has branches in Florida, California, Pennsylvania, Washington, D.C, Delaware, Oregon and Washington state.
"Our goal is to provide our financial institution partners the opportunity to brand the over 10,000 national merchant locations worldwide that Cardtronics possesses," said Keith Myers, executive vice president of financial services for Cardtronics. "Not only does this provide financial institutions an excellent means to increase their footprint and brand awareness -- while improving both customer service and convenience, but in turn provides the national merchant with increased foot traffic and enhanced customer loyalty."
"We are always looking for ways to provide our customers added value and convenience," said Seamus McMahon, president of HSBC's Atlantic region, which includes New Jersey, Florida, Washington, D.C, Pennsylvania, Delaware and Pennsylvania. "Cardtronics is a strong partner and shares HSBC's commitment to quality customer service. This agreement underscores our continued growth in the New Jersey area, as well as throughout the region."
About HSBC Bank USA, N.A.
HSBC Bank USA, N.A. has nearly 400 branches in New York State, a network of branches in Florida and California and a number of branches in other states. Throughout the U.S., the bank serves more than 3 million individual and business customers with a full range of financial products and services. It is the principal subsidiary of HSBC USA Inc, one of the nation's largest bank holding companies by assets and an indirectly held, wholly owned subsidiary of HSBC North America Holdings Inc. For more information about HSBC Bank USA and its products and services visit http://us.hsbc.com.
About Cardtronics
Cardtronics, the world's largest owner/operator of ATMs, has a nationwide U.S. network of more than 26,000 locations operating in every major market and in all 50 states as well as 1,000 locations throughout the UK. Major merchant-clients include A&P(r), Albertson's(r), Amerada Hess(r), BP(r), Chevron(r), Costco(r), CVS(r)/pharmacy, ExxonMobil(r), Duane Reade(r), Rite Aid(r), Sunoco(r), Target(r) and Walgreens(r). Cardtronics also works closely with financial institutions across the U.S. to brand ATMs in these major merchants to provide convenient access for their customers and to preserve and expand their markets.
The Cardtronics logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=991