Banks to Avoid for ATM Operator Accounts
Due to Operation Choke Point some banks will not knowingly work with independent ATM operators and if you process your ATM transactions through an account with them, it will inevitably be shut down. Banks to avoid: Chase Wells Fargo Bank of America Prosperity Bank US Bank BBVA Compass Capital One Banks to look for: Small community banks / local banks Regional banks State-chartered banks Credit unions We recommend setting up an account with 2-3 different banks so you always have a backup bank if needed in case the primary account is shut down. The best way to build a relationship …