Technology/Services

QT Expands ATM Deal

40 Texas stores to get TransFund units

TULSA, Okla. -- QuikTrip, one of the nation's largest gasoline and convenience store operators, will expand its existing ATM relationship with TransFund to its 40 locations in the greater Dallas/Ft. Worth area of Texas beginning in November 2006.

This expansion will provide QuikTrip clientele with ATM service from the 10th largest ATM network in the United States, and it increases TransFund's established presence in Texas. In addition, it also will provide customers with TransFund Totally Free, a program that provides free ATM service to clientele [image-nocss] whose financial institutions are a member of TransFund.

"QuikTrip is very excited about having TransFund Totally Free ATMs installed in our Texas stores," said Paula Cotton, vice president of finance/treasurer of QuikTrip. "Waiving the surcharge on cash withdrawals for member cardholders is an important step in serving the needs of our clientele. Having those bank and credit-union members reciprocate by waiving their foreign ATM fees creates an extremely valuable service for the end customer. This will complement our tremendous growth in the Dallas/Ft. Worth area.

Scott Norvell, senior vice president for TransFund, said the ATM provider has benefited from more than two decades of partnership with QuikTrip. TransFund is already located in all QuikTrip locations throughout Oklahoma.

"QuikTrip is one of the best-run companies in the United States," Norvell said. "We are very excited to expand our relationship with this excellent partner, which we have enjoyed being associated with for more than 20 years."

ATMs will be deployed at all QuikTrip locations in the greater Dallas/Ft. Worth area under the TransFund Totally Free and/or TransFund NC brands.

QuikTrip is a privately held corporation based in Tulsa, Okla. The company owns and operates 472 retail outlets in nine states.

TransFund is a network of banks, credit unions and retailers located in 13 states.

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