Saturday, July 11, 2009

ATM

Docutel Vice President Don Wetzel conceptualized the idea for the automated teller machine (ATM) while waiting in line at a Dallas bank in the late 1960s. After a five million dollar investment, a working prototype of the ATM was delivered. The first ATM was installed in 1969 by Chemical Bank at its branch in Rockville Centre, New York.
More Famous Firsts

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