14.8 Contract for Automated Teller Machine (ATM) Services
Policy Statement
The Office of Treasury Operations negotiates all ATM installations on behalf of the entire University of Illinois System, thereby taking advantage of pricing benefits resulting from pre-existing banking relationships. The Office of Treasury Operations will coordinate with your university OBFS chief business officer and your unit to meet the ATM needs of the University.
Under no circumstances should a university unit contract for an ATM installation. Units do not have the authority to install an ATM without the prior approval of the Office of Treasury Operations.
Revenue generated from ATM placement on University property is to be allocated after consultation with your university OBFS chief business officer, or designee.
Procedure
To contract for automatic teller machine (ATM) services:
- Complete and submit a Request for Automated Teller Machine (ATM) Services to Treasury Operations.
- Treasury Operations staff will review your request and work with you to determine which financial institution will best meet your needs
Request for Automated Teller Machine (ATM) Services
Last Updated: December 5, 2014 | Approved: Senior Associate Vice President for Business and Finance | Effective: December 2012