Skip to main content

Citing Fewer Headaches, Farmway Credit Union Selects Dolphin Debit to Manage ATMs

BELOIT, Kan.–Farmway Credit Union has selected Dolphin Debit to oversee its ATMs. The credit union said it made the move after giving Dolphin Debit a try with a single ATM three years ago, and now it has quadrupled the number of machines under Dolphin’s management.

The $97.4-million credit union, with four branches, serves 17 counties in heavily rural north central Kansas. It now has three operating Dolphin ATMs, with a fourth currently being deployed.

thumbnail_Farmway

According to FCU President and CEO Joe Deneke, Farmway’s first ATM was installed at the credit union’s Osborne branch, with the initial decision to go with Dolphin primarily being economic, as the CU looked for opportunities to reduce the costs associated with managing their own ATMs.

‘Fewer Headaches’

“ADA requirements, annual upkeep and maintenance, and compliance were big factors as well,” Deneke said. “Along with that, we anticipated fewer headaches by going with Dolphin.”

After that turned out to be the case, Farmway CU said it felt comfortable working with Dolphin to replace two other ATMs that were nearing their end of life and adding a fourth. Two of the three machines are at branches, one is in a heavily trafficked convenience store site, and the newest one is going into the Jewell County Courthouse at Mankato, the company said.

‘Really Got Us Interested’

“It was that first branch that really got us interested,” added Cindy Wiles, director of Operations for Farmway. “It was a two- or three-employee branch, and it really helped that everything was taken care of by Dolphin, although we do load our own cash.”

According to the company, Farmway ATMs are a key part of their member service strategy. “It is convenient for members not only to be able to do business without having to go into a brick and mortar building, but to have 24-7 access to their money,” Deneke said. Wiles added that ATMs “allow us access to our members and to our community.”

‘Seeing the Advantages’

Added Joe Woods, SVP-marketing and partnerships with Dolphin Debit, “For so many credit unions such as Farmway, starting small with Dolphin has led to a broader and stronger relationship once they see all the cost, convenience, and reliability advantages.

For info: www.dolphindebit.com

Comments

Popular posts from this blog

The FRB Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent.

  Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty around the economic outlook has increased. The Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities. Beginning in April, the Committee will slow the...

Caught in Dot Partners with Boston Firefighters Credit Union

2 min read By  Maureen Dahill Published On: March 13th, 2025 Categories:  News 0 Comments on Caught in Dot Partners with Boston Firefighters Credit Union Big news, Dorchester!  Caught in Dot  is proud to announce our partnership with  Boston Firefighters Credit Union (BFCU) —a true neighborhood institution that’s been serving our local heroes since 1948. As a woman-owned business, we’re thrilled to team up with a community partner who shares our values of supporting and uplifting the people who make Boston great. BFCU was founded by Boston firefighters with one mission in mind:  “People Helping People.”  What started as a way to assist firefighters struggling financially has grown into a full-service financial institution serving  nearly 12,000 members —but their dedication to first responders and their families has never wavered. Over the years, membership has expanded beyond firefighters to include all Massachusetts first responders, including p...

Trump Administration Spurs Credit Unions' Return To Cryptocurrency

  03/06/2025 06:11 pm Share         By Ray Birch DALLAS—The Trump Administration is bringing more credit unions back to offering cryptocurrency, says Bank Social, which offers advice to CUs considering stepping into this space. The return to offering the service by more credit unions follows a sharp decline in cooperatives offering crypto services to members following the collapse of FTX in late 2022 and the sudden departure of NYDIG within the CU industry not long afterward. Becky Reed, COO of crypto platform Bank Social, said the two primary reasons credit unions are coming back is the Trump Administration’s pro-crypto agenda and its emphasis on deregulation. “The last six months we have seen interest begin to gain ground in digital assets—not just for investing but for payments, fractional lending and more,” said Reed. GlobalData banking analyst Harry Swain said FIs could face fewer crypto regulatory hurdles under the Trump Administration. “As you'll, recall ...

The Pros and Cons of Tariffs

Since there has been so much discussion on Tariffs, I felt a post would benefit our membership. Grant Sheehan CEO NCOFCU Tariffs 1440 Business & Finance Background A tariff—a word derived from the Arabic arafa, meaning “to make known”— is a tax imposed by a government on goods that are imported or exported . Historically, tariffs have served as a primary source of revenue and a means to protect domestic industries, as they make foreign products more expensive, encouraging consumers to purchase locally produced goods. The tools have a checkered history, famously bolstering US textiles, German steel, Japanese cars, South Korean technology, and more, arguably contributing to major economic downturns like the Great Depression. Tariffs can be specific (a fixed fee per unit) or ad valorem (a percentage of the item's value). Purpose Economically, tariffs aim to protect domestic industries, generate government revenue, and influence trade policy. By imposing taxes on imported goods —wh...

Buy Now, Pay Later Keeps Gaining Ground: New Study Shows Growth Surge

03/10/2025 06:31 pm Share         TROY, Mich.— A new study reveals the appeal of buy now, pay later is not waning, as the service saw significant growth last year. The J.D. Power 2025 U.S. Buy Now Pay Later Satisfaction Study shows BNPL enjoyed continued, significant growth in the number of consumers using the product year over year, with the highest usage among consumers from Generations Y and Z, and the highest growth period during the holidays. “The BNPL segment has undoubtedly grown in popularity, with more customers using these services than ever before,” said Sean Gelles, senior director of banking and payments at J.D. Power. “That’s been especially true around seasonal periods of higher spending, such as the holidays. Card-based BNPL products continue to lead the charge on satisfaction, as issuers are leveraging their existing brand awareness and equity to retain would-be defectors.” Following are some of the key findings of the 2025 study: Gene...