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Citibank and 7-Eleven, Inc. Sign Agreement to Offer Free ATM Access to Citibank Customers in More Than 5,500 Stores.


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
 -- 7-Eleven, Inc. and Citibank just made banking more convenient by teaming up to offer free ATM services to Citibank customers in 7-Eleven(R) stores across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Through the partnership, Citibank will brand ATMs in more than 5,500 7-Eleven stores in 31 states across the nation, giving Citibank customers access to a much larger network of surcharge-free locations in which to do their banking. Along with picking up their morning paper and coffee, Citibank customers can now withdraw money and transfer funds between primary checking and savings accounts without a surcharge or foreign ATM fee at any Citibank-branded ATM at 7-Eleven stores.

In addition, 7-Eleven will soon be positioning itself to accept consumer bank deposits, beginning with Citibank. The goal is to offer customers easy-to-use, self-service options in convenient 7-Eleven locations.

"We realize our customers are busy and may not have a Citibank Financial Center nearby when they need to use an ATM," said Maura Markus, president of Citibank North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . "By partnering with 7-Eleven, we're increasing our ATM locations five-fold, this means greater accessibility and ease for our customers and 5,500 more locations for surcharge-free cash transactions. Banking with Citibank is now more convenient and can be done while you're picking up 7-Eleven favorites like coffee, newspapers and fresh-made sandwiches."

With surcharge-free Citibank-branded ATMs at 7-Eleven, Citibank customers can save money on transactions they're already making. Citibank customers average three non-Citibank ATM transactions a month, incurring an average surcharge of $2 per transaction from other banks. With the conversion of the ATMs at 7-Eleven to Citibank, that translates to a total savings of $67 a year - the equivalent of 62 Slurpee(R) drinks.

"Both 7-Eleven and Citibank are convenience-focused and attuned at·tune  
tr.v. at·tuned, at·tun·ing, at·tunes
1. To bring into a harmonious or responsive relationship: an industry that is not attuned to market demands.

2.
 to the needs of the on-the-go consumer," said Rick Updyke, 7-Eleven vice president of Business Development. "Now Citibank's current and prospective customers can step into a 7-Eleven across the country, conduct their daily financial transactions and satisfy their convenience shopping needs, at a place that's already part of their daily routine."

7-Eleven and Citibank will support the ATM launch with a cash-giveaway promotion in New York, Chicago, Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . Brand Ambassadors at select 7-Eleven stores in each market will ride "rolling Citibank branded ATMs" to distribute mock Citibank Banking Cards redeemable for instant prizes with values up to $500 cash.

Citibank customers can visit www.Citibank.com to locate 7-Eleven stores across the U.S. with Citibank-branded ATMs.

About 7-Eleven, Inc.

7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Headquartered in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation).
The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl.
, 7-Eleven, Inc. operates or franchises more than 5,800 7-Eleven(R) stores in the United States and Canada and licenses close to 22,800 7-Eleven stores in 17 other countries and U.S. territories. During 2004, 7-Eleven stores worldwide generated total sales of approximately $41 billion. Find out more online at www.7-Eleven.com.

About Citibank

Citibank is a member of Citigroup (NYSE NYSE

See: New York Stock Exchange
: C). Citigroup, the leading global 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.
 company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world.  and Banamex. Additional information may be found at www.citigroup.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 4, 2006
Words:568
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