Leaving from an airport near you: Every bank ATM that doesn’t say “M&T.”
M&T Bank Corp. has won exclusive contracts from the Niagara Frontier Transportation Authority to provide ATM services at both the Buffalo Niagara International Airport and the Niagara Falls International Airport.
The Buffalo-based bank will have six ATMs at BNIA, two before security – one downstairs in the baggage claim area and one upstairs in the ticketing area – and four after security in the two concourses and the food court. It has one in the Niagara Falls airport, in the food court before security.
The Buffalo contract is a three-year agreement that can be renewed annually for two years at NFTA’s choice. The Niagara Falls contract is for a one-year trial. It could be renewed annually up to four times, for a total of five years, if the ATM handles more than 6,200 transactions from non-M&T customers. A second ATM could be requested and installed if the machine handles at least 16,000 non-M&T transactions.
The machines will offer multiple language options, access for visually impaired customers, touch screens and “fast-cash” options.
“Partnering with M&T Bank allows us to provide Buffalo Niagara residents and out-of-town guests with convenient access to cash on the fly,” said NFTA chairman Howard A. Zemsky.
This is the first time NFTA has had an ATM contract at the airports. The Buffalo airport previously had one M&T machine and one from HSBC Bank USA, but those ATMs were under contract with the gift store, not NFTA. HSBC pulled its machine when it sold its upstate New York retail banking business, and the new contract means no other bank can have a machine there.
The two airports handle 100 flights daily, with 5.4 million travelers passing through each year, giving the bank significant visibility. M&T already has an exclusive ATM contract at Baltimore-Washington International Airport, a hub for Southwest Airlines.
“Providing ATM services at BNIA and NFIA allows us to offer additional convenience to our Buffalo customers, as well as those travelers visiting the area,” said Darren King, executive vice president for retail banking at M&T.