| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 123.1 | Good Luck, You'll Need It! | CPRS::CAISSIE | Donna | Tue Oct 04 1988 13:05 | 4 |
| Back in April, when my group moved to VRO, DCU was contacted by
Personnel and asked to install an ATM in one of the VRO facilities.
We were told that DCU said that it was Digital's responsibility to
purchase and install ATM machines.
|
| 123.2 | Digital Purchased ATM's | AZTECH::JARRETT | | Wed Oct 05 1988 13:39 | 10 |
| RE: .1
Absolutely true, the local facilities organization (usually) is responsible for
the purchase and installation. The ATM in CX03 (Colorado Springs) for example
was purchased and installed under the construction CAR paid for by Digital. DCU
just provides the specifications for the ATM.
In short if you want an ATM, find a friendly CC manager willing to pay for it.
|
| 123.3 | Just another DCU Oddity? | CPRS::CAISSIE | Donna | Thu Oct 06 1988 11:22 | 14 |
|
RE: .2
That doesn't make much sense to me. DEC and DCU are supposed to be
separate institutions (at least that's what they're both always telling
us). An ATM machine is of more benefit to DCU (increases customer
satisfaction and maybe increases the customer base) than DEC.
I wonder if Bay Bank and other banks require that their ATMs be
purchased and installed by shopping malls, gas stations, restaurants,
etc.?
|
| 123.4 | Teller Machines are a separate business... | FROSTY::HADDAD | | Thu Oct 06 1988 13:08 | 13 |
| RE: .3
The stores and malls DO pay for the teller machines. They actually rent
them from CIRRUS, POCKETBANK, etc. That's why you never see a
National Bank of CIRRUS or anything like that. It's a subscription
service type arrangement between the banks and the establishements that
want the machines. A nearby bank is contracted to load and repair the
machines.
The taller machine renters actually buy money several institutions and
make their profits when other institutions subscribe to their service.
Bruce
|
| 123.5 | Sorry, I didn't quite get that... | TSE::LEEBER | Nobody Asked, Just My Opinion! | Fri Oct 07 1988 13:17 | 9 |
| RE: < Note 123.4 by FROSTY::HADDAD >
Bruce; I'm sorry, I don't understand what you are trying to say
here. ??????
>The taller machine renters actually buy money several institutions and
>make their profits when other institutions subscribe to their service.
Carl
|
| 123.6 | Cash can be a 'purchased' commodity | FROSTY::HADDAD | | Sat Oct 08 1988 11:20 | 15 |
| Carl,
Normally, when assets are converted to cash, the cash is taxable
unless it is re-invested. In this case (the CIRRUS type institutions),
they cannot re-invest the cash like DEC does. When the CIRRUS people
converted assets to cash, the 'cash' became their commodity. They
need to have cash available just the same way a shoe store buys shoes.
The cash isn't considered a liquid asset but is considered stock (like
shoes in the stockroom of the shoe store).
Since cash is their commodity, they have 'purchased' it. It may sound
like a play on words but you either 'buy' or manufacture stock. Since
it's difficult to legally manufacture money, they have purchased it.
Bruce
|