2008 Woodie Awards
ATMs on campus have new locations
Cash: EC credit union takes over control of ATMs on campus; offers two new machines
By: Eva Allen
Issue date: 10/30/03 Section: News
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After being on campus for more than 10 years, the Wells Fargo ATM machine has been replaced since July with two El Camino College Federal Credit Union machines.
Investigations for new sources began after Wells Fargo Bank refused to put additional machines on the campus grounds said assistant bookstore director Andrew Nasatir.
"We had two issues and one was that we wanted multiple machines and secondly, we wanted a situation where if students or individuals didn't belong to that financial institution, they wouldn't be charged the ridiculous $2.50 fee," Nasatir said.
Based on these criteria, Nasatir said they were fortunate enough to find the local credit union that could provide machines and the charge to students would only be $1.
"We wanted the transaction fee to be a lot less than what the norm was," Nasatir said.
Furthermore, assistant manager of the ECC Federal Credit Union Donna Storgryn said that faculty or students working at the school are currently eligible to join the credit union.
"The remaining student body will be subject to the $1 transaction charge, but they are currently working on negotiations that will allow all students to become members," Storgryn said.
In addition, Storgryn said that individuals who may be members of other credit unions within the U.S. can use their ATM cards at these machines at no charge.
"There is no transaction fee for using a credit union debit card, but the $1 fee does apply to all other cards from banking institutions," Storgryn said.
So far, Nasatir said there are only two machines on campus, one just inside the Schauerman Library and the other in the Manhattan convenience store.
"They are considering a third machine, but this will be determined according to the number of hits or usage that transpires with these machines," Nasatir said.
In addition, he says that they are trying to figure out the best place to put the third machine-either in the Student Activity Center or the police department.
Investigations for new sources began after Wells Fargo Bank refused to put additional machines on the campus grounds said assistant bookstore director Andrew Nasatir.
"We had two issues and one was that we wanted multiple machines and secondly, we wanted a situation where if students or individuals didn't belong to that financial institution, they wouldn't be charged the ridiculous $2.50 fee," Nasatir said.
Based on these criteria, Nasatir said they were fortunate enough to find the local credit union that could provide machines and the charge to students would only be $1.
"We wanted the transaction fee to be a lot less than what the norm was," Nasatir said.
Furthermore, assistant manager of the ECC Federal Credit Union Donna Storgryn said that faculty or students working at the school are currently eligible to join the credit union.
"The remaining student body will be subject to the $1 transaction charge, but they are currently working on negotiations that will allow all students to become members," Storgryn said.
In addition, Storgryn said that individuals who may be members of other credit unions within the U.S. can use their ATM cards at these machines at no charge.
"There is no transaction fee for using a credit union debit card, but the $1 fee does apply to all other cards from banking institutions," Storgryn said.
So far, Nasatir said there are only two machines on campus, one just inside the Schauerman Library and the other in the Manhattan convenience store.
"They are considering a third machine, but this will be determined according to the number of hits or usage that transpires with these machines," Nasatir said.
In addition, he says that they are trying to figure out the best place to put the third machine-either in the Student Activity Center or the police department.