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BANKING ON PROTECTION; CREDIT UNION PUTS ATMS IN POLICE STATIONS.


Byline: Daily News

Now it is easier for banking customers to visit Los Angeles' men and women in blue to pick up some green.

The Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  Police Federal Credit Union has posted signs noting that QuickDraw 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.  are installed in the lobbies of Los Angeles Police Department "LAPD" and "L.A.P.D." redirect here. For other uses, see LAPD (disambiguation).

This article or section is written like an .
 stations.

In the San Fernando Valley San Fernando Valley

Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills.
, the ATMs are located at the Devonshire, Foothill, Van Nuys, North Hollywood and West Valley stations.

``The reason why we decided to post the signs was to alert the public that there is a safe location to conduct ATM business,'' said Matt Rocco, spokesman for LAPFCU LAPFCU Los Angeles Police Federal Credit Union . ``Each of the ATMs are in a secure area, and not only is it a safer place, but it'll save them money because there is no surcharge An overcharge or additional cost.

A surcharge is an added liability imposed on something that is already due, such as a tax on tax. It also refers to the penalty a court can impose on a fiduciary for breaching a duty.
 on our ATMs.''

Three years ago, in response to an increase in robberies at ATMs, the credit union installed the money machines inside of police station lobbies.

The number of ATM robberies has dipped in the Valley between 1995 and 1996, although it is creeping back up. In 1995, there was a total of 22 robberies at ATMs in the Valley, six in 1996, and 15 reported from January to Oct. 31, 1997, police said.

In comparison, citywide there were 65 robberies at ATMs in 1995, 71 in 1996, and 36 robberies from January to Oct. 31 of this year, police said.

Los Angeles police Detective Ken Crocker, of the Devonshire Division robbery unit, said placing the ATMs inside police stations was a step in the right direction, and advertising the machines is one step better.

``It definitely gives someone a place to go if they're afraid or paranoid par·a·noid
adj.
Relating to, characteristic of, or affected with paranoia.

n.
One affected with paranoia.
, or if they want to transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting  a large amount of money, they can go inside the police station,'' Crocker said.

Where to go

Automated teller machines are available at the following Valley locations:

Devonshire Division, 10250 Etiwanda Ave., Northridge

Foothill Division, 12760 Osborne Ave., Pacoima

North Hollywood Division, 11640 Burbank Blvd., North Hollywood

Van Nuys Division, 6240 Sylmar Ave., Van Nuys

West Valley Division, 19020 Vanowen St., Reseda

Los Angeles Police Federal Credit Union, 16150 Sherman Way, Van Nuys

CAPTION(S):

Photo, box

PHOTO The Los Angeles Police Federal Credit Union has opened ATMs in police stations, including five in the San Fernando Valley.

Myung J. Chun/Daily News

Box: Where to go (see text)
COPYRIGHT 1997 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Daily News (Los Angeles, CA)
Date:Dec 7, 1997
Words:393
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