COLUMBUS, Ohio (3/7/14)--Columbus, Ohio's
recently featured Wright-Patt CU's cashless branch environment as a potential deterrent to robberies.
The Ohio Credit Union League connected
reporter Angela An with the $2.7 billion-asset Fairborn, Ohio-based credit union.
The Columbus area has experienced an increase in financial institution robberies, with more than 550 robberies reported in the last decade, An reported. Some financial institutions were robbed more than 10 times.
Wright-Patt CU recently opened a cashless branch equipped with personal teller machines, which look and operate much like ATMs, but members interact with a credit union representative through remote video.
"There's no need for cash drawers, and when members conduct their transactions, the money goes into a secure vault into the machine that the employees in the location do not have access to," Tammy Jones, Wright-Patt CU market leader, told
Without accessible cash, credit union employees feel safer, Wright-Patt CU member representatives told An.
Wright-Patt CU is planning to open at least five more member branches with PTMs in Central Ohio in the next few years.
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