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
More Famous Firsts
Very informative article on first ATM installed.
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