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Intracoastal Bank Implements Teller Automation Strategies Supported by Advanced ATMs

Palm Coast, FL – Intracoastal Bank based in Flagler County and expanding into growing Volusia County is deploying in-branch Diebold teller automation equipment supported by advance Diebold ATMs. Their new Volusia Banking Center, consisting of a 9,000-square-foot office is slated to open by the first quarter of 2015 and will serve as the Bank's main office.

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The bank design is innovative and includes the most advanced and modernized full service banking center in the area supported by state of the art technology that will be showcased on a tech bar including a smart phone station and iPad area for customers to test virtual solutions. The bank also features two advanced Diebold imaging ATMs, one for training new customers on how to best utilize its high tech features, and the other will be located at the outside drive thru area. In addition, the bank also features a new teller automation system including four Electronic Cash Recyclers that improve teller efficiencies and service.

"Our move towards more advanced innovative branch equipment and approaches is based on careful analysis and studies that demonstrate reduced costs and improve staff efficiencies," stated Cheryl Tanenbaum, Intracoastal's SVP and CFO. "CashTrans is supporting us thorough the installation, training and service processes and has also assisted us in our evaluation," continued Ms. Tanenbaum. Credit Card AccessClick for more information on automation strategies...

"CashTrans believes strongly that the deployment of cash recyclers and deposit automation will both cut costs and improve staff efficiencies for community banks and it is our honor to work with the management at Intracoastal Bank on this project," stated Andrew Hamilton, VP at CashTrans. For more information, please visit www.cashtrans.com or contact Nick Schuster, National Sales Manager at 770-941-6680 or via email at nick.schuster@cashtrans.com.

About Intracoastal Bank

Intracoastal Bank is headquartered in Palm Coast and is a locally owned and operated financial institution with its main banking center located in Palm Coast, Florida. The Bank serves the Flagler and Volusia Counties and offers a full range of deposit and loan products tailored to meet the needs of customers and the community. The bank is a state charted business bank, member FDIC. For more corporate information visit us at http://www.intracoastalbank.net.

About CashTrans

Founded in 1996, Cash Transactions, LLC (CashTrans) www.cashtrans.com is a privately owned company based in metro Atlanta, GA. The company has served over 1,100 retailers, governments and financial institutions across the U.S. with affordable ATM solutions, automated teller safes/cash recyclers, EFT processing solutions, equipment maintenance/service, branding and merchant services.

For further information, please feel free to contact:

Media Contacts:
  • Intracoastal Bank
  • Cheryl Tanenbaum, SVP/CFO
  • 386-447-1662
  • ctanenbaum@intracoastalbank.net
CashTrans
  • Russ Schoper, Marketing & Business Development
  • 770-740-9979
  • russ.schoper@cashtrans.com