Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ATMs come 'home'.


Automated teller machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. , now an everyday way of banking, have been installed in convenient locations all over the country. Now, in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, the machines are popping up in nursing homes. Amalgamated a·mal·ga·mate  
v. a·mal·ga·mat·ed, a·mal·ga·mat·ing, a·mal·ga·mates

v.tr.
1. To combine into a unified or integrated whole; unite. See Synonyms at mix.

2.
 Bank, headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, is installing ATMs in facilities owned or operated by Healthcare Associates, a Rochester, N.Y.-based company that manages nursing homes throughout the state.

Amalgamated Bank is installing the machines to provide nursing homes and their employees with up-to-date banking services. "The intention is to help facility employees get access to their money on-site," says Louis Cenname, vice president of the bank's Health Care Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 Division. Where the machines are placed is up to the facilities. Healthcare Associates is having the machines placed so they are also accessible to residents who are able to manage their own finances.

While ATMs have not been installed in all Healthcare Associates facilities yet, the response in those that have the machines is very positive. Anthony Salerno Anthony "Fat Tony" Salerno (May 1, 1911 - July 27, 1992) was a member of the American Cosa Nostra and was front boss in the Genovese Family from the 1970's until his conviction in 1986. , president of Healthcare Associates, says "I would encourage [nursing homes] to do it. It's good for the residents and good for staff." He points out that having the ATMs on-site provides the residents with access to their money. And, with the company looking to implement a direct-deposit program for its payroll, Salerno notes that the facility benefits from immediate issue of paychecks and, as an enhancement to this amenity, staff won't have to leave the facility to cash their checks.
COPYRIGHT 2001 Non Profit Times Publishing Group
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Author:PAGAN, JOYCE
Publication:Contemporary Long Term Care
Date:Apr 1, 2001
Words:242
Previous Article:SNF closing impacts 66 Wis. residents.
Next Article:Health department closes Okla. SNF.



Related Articles
United we stand: B.E. financials overview.
First of Omaha Merchant Processing Licenses New ACI Enterprise Payment System.
IBM Awards Its ClusterProven Mark To ACI Worldwide's Enterprise Payment System.
PUBLIC CAUTIONED AFTER ATTACKS.
2 MEN ARRESTED IN ATM SCHEME; PIN, CARD NUMBERS FILMED, OFFICIALS SAY.
BILLBOARD PHOTO LEADS TO ROBBERY SUSPECT'S ARREST.
Bentley's ATM@HOME Catches Wall Street's Attention.
JCB Completes ATM Gateway Agreement with China UnionPay; CUP Cardholders to Enjoy First ATM Network Access in Japan.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles