Le Lézard
Classified in: Environment, Business
Subjects: PDT, RCY

Bremer Bank continues replacement of old branch technology with new ARCA cash recyclers


MEBANE, N.C., March 19, 2018 /PRNewswire-iReach/ -- Bremer Bank, headquartered in St. Paul, Minnesota, has teamed up with ARCA, a global leader of cash automation solutions, on an array of projects aimed at solving cash management challenges throughout their many locations. ARCA's family of CM18 teller cash recyclers were a perfect fit for the long-term project undertaken by Bremer to replace older dispenser technology.   

"Originally, we were using cash dispenser technology and decided a few years back to move toward recycler technology. We met with the [ARCA] team back in 2011," said Lynn Petersen, Enterprise Client Service Manager at Bremer Bank. "We liked a lot of the ARCA technology because when we looked at the machine, it had a smaller footprint, it fit under the teller counter, and we didn't have to pull out the drawers or even open the vault."

Cash recyclers are designed to deliver front line and back office benefits, both of which have been achieved at Bremer Bank. "[A teller] can stay at their work station and continue to engage with the customer," Petersen said.

"Our partnership with Bremer Bank has been extremely successful in overcoming the cash challenges we see in financial institutions across the country, and around the world," said Jessi Carrasco, Account Manager at ARCA. "Lynn and the Bremer Bank team have been ideal partners throughout this process."

"It's been a really good relationship since we installed the first unit in 2015," Petersen said. "We appreciate the efficiency gained from our ability to reduce cash buys and sells from the vault. We are happy with the product."

For more information on ARCA's family of CM18 cash recyclers, visit https://arca.com/financial.

About Bremer Bank

Bremer Financial Corporation is a privately held, $12 billion regional financial services company jointly owned by the Otto Bremer Trust and Bremer employees. Founded in 1943 by Otto Bremer, the company is headquartered in St. Paul, Minnesota, and provides a comprehensive range of banking, mortgage, investment, wealth managementtrust and insurance products and services throughout Minnesota, North Dakota and Wisconsin. Clients include small businesses, mid-sized corporations, agribusinesses, nonprofits, public and government entities, and individuals and families.

About ARCA

ARCA's solutions help people control and streamline cash operations in financial institutions, retail stores, and self-service kiosks around the world. Our overriding drive is to develop technology and services that make transactions simpler, more efficient, and more secure.  Visit us at www.arca.com to see how we are reimagining everyday transactions?freeing people to focus on what matters most.

Media Contact: Katlyn Proctor, ARCA, 9195252719, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE ARCA


These press releases may also interest you

at 19:00
Avid Controls is an authorized licensed manufacturer of the GEPC/Converteam MV3000 product line, and is dedicated to providing world-class support to customers for the entire lifespan of their equipment. The MV3000 modules provide reliable ancillary...

at 17:25
Tidewater Inc. ("Tidewater" or the "Company") announced today that it will release financial results for the three months ending March 31, 2024, on Thursday, May 2, 2024 after market close. An earnings conference call has been scheduled for Friday,...

at 17:25
The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and the Honourable Rechie Valdez, Minister of Small Business, will hold a media availability to highlight the federal budget's commitments to getting projects built faster...

at 16:45
On.Energy, a growing North America electric power asset owner and proven end-to-end integrator of battery energy storage systems ("BESS"), today announced it has closed a senior secured first lien facility with Lombard Odier Investment Managers...

at 16:35
OPAL Fuels Inc. , a vertically integrated leader in the capture and conversion of biomethane into low carbon intensity renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the first quarter...

at 16:26
Gordian Energy Systems is pleased to announce the completion of a 595 kW DC solar array at the Maryland SoccerPlex in Boyds, Maryland. "With sustainability as a key component of our mission at SoccerPlex, the solar array will offset approximately...



News published on and distributed by: