M&T Bank Expands ATM Service to Nearly 170 Speedway Stores in New Jersey, New York and Pennsylvania

M&T's customers gain surcharge-free access to cash through expanded network

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Aug 09, 2016, 12:00 ET

PARAMUS, N.J., Aug. 9, 2016 /PRNewswire/ -- M&T Bank announced today an expanded agreement with Cardtronics (Nasdaq: CATM) to offer M&T Bank-branded ATMs at 120 Speedway locations in New Jersey and New York, in addition to existing bank-branded ATMs at 48 Speedway stores in Pennsylvania. The installation completed recently provides M&T Bank card customers with surcharge-free access to ATMs at 55 stores in New Jersey; 65 on Long Island, New York; and 48 in Pennsylvania.

"M&T Bank's investment in this expansion of our ATM network signifies our commitment to our customers, and enables our customers to access M&T Bank more quickly and conveniently," said Rich McCarthy, senior vice president for retail banking at M&T. "Our New Jersey, Long Island, and Pennsylvania customers now have convenient and surcharge-free ATM access while on the go across the region with our new presence at Speedway's well positioned retail stores."

Earlier this year, M&T completed a major expansion of its retail branch network in the region by converting 135 branches, including 97 in New Jersey, acquired from the former Hudson City Savings Bank into M&T branches.

Speedway is the nation's second largest company-owned and -operated convenience store chain.

The expansion of surcharge-free ATM access when you use your M&T debit or ATM card in select Speedway stores is made possible through M&T Bank's relationship with Cardtronics, the world's largest ATM owner /operator and a provider of ATM services to Speedway.

"M&T's dedication to be the best bank its customers ever do business with makes it a well-matched branding partner for Cardtronics," said David Dove, President, Cardtronics' North American Business Group. "This latest expansion of surcharge-free ATM access by M&T is proof of its commitment to providing convenient, excellent service with integrity to the communities it serves."

About M&T Bank
M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New Jersey, Pennsylvania, Delaware, New York, Maryland, Connecticut, Virginia, West Virginia, and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank.

About Cardtronics (Nasdaq: CATM)
Making ATM cash access convenient where people shop, work and live, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics provides services to approximately 200,000 ATMs in North America and Europe. Whether Cardtronics is driving foot traffic for North America and Europe's top retailers, enhancing ATM brand presence for card issuers or expanding card holders' surcharge-free cash access, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.

About Speedway LLC
Speedway LLC (Speedway), headquartered in Enon, Ohio, is the nation's second largest company-owned and -operated convenience store chain with approximately 2,770 stores located in 22 states. Speedway is a wholly owned subsidiary of Marathon Petroleum Corporation (NYSE: MPC). For further information about Speedway, visit the company's web site at www.speedway.com.

Member FDIC.

SOURCE M&T Bank