Kum & Go announced today a 100-store expansion of the company’s ATM relationship with TransFund.
According to a recent study by Bankrate.com, ATM fees hit a record high last year. In fact it is estimated that American consumers paid more than $4.3 billion in withdrawal fees in 2005 alone.
The TransFund Totally Free ATM program eliminates some of the financial burden bestowed upon ATM users, providing no-fee transactions.
“This ATM program has a positive impact on our current and future customers,” said Jack Wilkie, Senior Vice President of Marketing for Kum & Go. “Allowing customer access to their cash, with no surcharge and no fees from the issuing banks, is another way for us to exceed customer expectations. Plus this is a great way for Kum & Go to distinguish our offering from other convenience stores.”
Rex Northen, Vice President of Retail for TransFund, agreed with Wilkie and added, “Kum and Go is a premier convenience operator, and we are very pleased to offer this service to Kum and Go and its customers.”
New ATMs will be deployed at all Kum and Go locations in Arkansas, Oklahoma, Missouri and Kansas under the TransFund Totally Free and/or TransFund NC brands, bringing the total number of TransFund/Kum & Go ATMs to 102.