NCR Atleos Corporation announced that Knoxville TVA Employees Credit Union (KTVAECU) will add cash‑deposit capabilities to its members through the Allpoint Network, making KTVAECU the first financial institution in Tennessee to offer Allpoint cash deposits. The partnership will give KTVAECU members nationwide access to 3,500 ATMs, including 26 deposit locations in Tennessee, and the machines will carry the credit union’s logo and on‑screen messaging.
For KTVAECU, the deal delivers fee‑free, convenient cash deposits at locations where members already shop and visit, reinforcing the credit union’s digital‑first, self‑service banking strategy. The branded ATMs also increase brand visibility and member engagement, giving KTVAECU a competitive edge in a market where convenience is a key differentiator.
Atleos benefits from the expansion by adding a new customer and extending its Allpoint deposit network. The partnership aligns with Atleos’ strategy of growing its Allpoint ecosystem and deepening relationships with financial institutions. In Q3 2025, Atleos reported total revenue of $1.12 billion, up 4% year‑over‑year, and net income attributable to Atleos of $26 million, a 24% increase. ATM‑as‑a‑service revenue grew 37% YoY, and the company reaffirmed its full‑year 2025 guidance, signaling confidence in continued growth and margin stability.
KTVAECU Vice President of Electronic Services Denise O’Dell said the partnership “provides our members with a seamless, fee‑free deposit experience that complements our digital‑first strategy.” Atleos General Manager of North America Steven Nogalo added, “This deal expands our Allpoint footprint and demonstrates the value of our deposit‑accepting ATMs to credit unions.” CEO Tim Oliver noted, “Financial institutions and retailers continue to choose our differentiated self‑service offering, and this partnership exemplifies that momentum.”
The partnership is part of a broader trend of credit unions adopting Allpoint+ deposit‑accepting ATMs. Recent announcements from Utah Community Credit Union and PenAir Credit Union show a growing appetite for the technology, reflecting the industry’s shift toward self‑service banking and the need for convenient, digital‑first touchpoints without large capital outlays.
While no specific market reaction has been reported, the partnership positions both Atleos and KTVAECU for continued growth and strengthens their competitive positions in the evolving ATM and credit‑union landscapes.
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