Current and Proposed ATM Activity

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Presentation transcript:

Current and Proposed ATM Activity Woodgrove Bank, LLC 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 6 Locations Location Monthly Transaction Value Monthly Fee Revenue 1. Woodbridge Mall $1,700,000 $225,000 2. Park Shopping Center $1,200,000 $198,000 3. Harris Lake Mall $1,050,000 $164,000 4. Snyder Place $934,000 $106,000 5. Stowe Shoppes $859,000 $92,000 6. Founder’s Square $802,000 $88,000

Proposed ATM Location Location Site Study Complete Nearest Competing ATM 1.Springdale Cineplex Yes More than 2 miles 2. Glen Avenue BIG Food No Three Blocks 3. Findlay Market Square One Block 4. Center City Arena 5. Williams State College Half a mile

Team Leader Division States Name Northern Michigan Wisconsin Nebraska North Dakota Wesley Kirk Eastern New York Connecticut Rhode Island Vermont Maine New Hampshire New Jersey Claude Simpson Mary Bailey Western California Arizona New Mexico Greg Ballantine

ATM Cost Analysis