PNC Bank recently added a new feature to 3,600 of its ATMs, providing consumers with more convenient options to make deposits and cash checks.
PNC added DepositEasy capabilities to ATMs in every region beginning last year. The bank completed its implementation of the feature last month.
“PNC is always looking for innovative ways to make banking easier and more convenient for our customers,” Ken Justice, the ATM executive for PNC, said. “Our ATM enhancements are another major investment to help customers bank when and where they want.”
The “smart” ATMs allow customers to cash checks and deposit cash or checks without an envelope all day, every day. Check deposits made before 9 p.m. EST will be considered to be made that day, and cash is available immediately. A picture of a deposited check can be printed on the receipt, and consumers can check balances or transfer funds between linked accounts.
Additionally, customers will have access to $1 bill denominations, along $10 and $20 bill denominations, and they can set customized ATM preferences.
Before completion of the ATM upgrades, ATM deposits and mobile app deposits rose to reach 23 percent of PNC’s total deposits in the second quarter, compared to 14 percent last year.