America’s first automatic teller machine

On September 2, 1969, America’s first automatic teller machine (ATM) was made available, dispensing cash to customers at Chemical Bank in Rockville Centre, a small town on Long Island (New York). By the 1980s, these machines were almost everywhere—not just banks–and handled many of the functions previously performed by human tellers, such as check deposits and money transfers between accounts. Today the economy fully depends on their availability.

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