WaterStone Bank to expand ATM services into Best Buy

Freeman Staff

April 7, 2015

WAUWATOSA —WaterStone Bank will work with eGlobal to expand the financial institution’s access to clients by adding ATM locations in Best Buy stores.

The partnership will result in the custom branding of six ATMs in Best Buy locations in Wisconsin, which will also have surcharge-free transactions for customers of the bank.

“The eGlobal partnership allows us to increase the reach of our brand in a new way while also providing greater convenience for our customers,” Rebecca Arndt of WaterStone Bank said in a statement.

Launched in 2014, eGlobal Bank Branding division allows financial institutions to expand the reach of their ATM network, without taking on the entire management process. eGlobal is one of North America’s largest providers of ATM services to hospitality, retail, and convenience industries.

WaterStone Financial, Inc. is a single-bank holding company headquartered in Wauwatosa with $1.8 billion in assets.