Published: January 20, 2010
Bank of the West Launches Choice ATM Checking Account
SAN FRANCISCO - (BUSINESS WIRE) - Bank of the West, known for excellent customer service, today announced
the launch of Choice ATM Checking, a new account which allows customers
to withdraw cash from any financial institution's ATM free of charge for
one year.
"Choice ATM Checking is an invitation for new customers to come to Bank
of the West and experience our excellent service and
relationship-banking approach, while enjoying convenient access to cash
at any ATM," said Andy Harmening, senior executive vice president and
head of the Regional Banking Group at Bank of the West, which was ranked
"Highest in Customer Satisfaction among Retail Banks in the West Two
Years in a Row" by J.D. Power and Associates in 2008 and 2009.
For new consumer checking customers who open a Choice ATM Checking
account, Bank of the West will waive its standard fee for using another
bank's ATM to withdraw cash and also refund surcharges assessed by other
financial institutions for one full year. The product is currently
available in California, Colorado, Nevada and Oregon and in Minneapolis,
Minnesota.
"Bank of the West has always focused on superior service that responds
to our customers' needs, so it is no coincidence that we are waiving ATM
fees at a time when consumers are looking to reduce expenses," Harmening
said. "We encourage consumers to visit a Bank of the West branch for
details."
Customer-friendly policies and practices
The launch of Choice ATM Checking follows Bank of the West's
announcement in early January that it would help customers reduce their
banking expenses by eliminating overdraft fees when customers overdraw
their accounts by $5 or less, and charging no more than four overdraft
fees per day. These overdraft policy changes, which reflect Bank of the
West's commitment to customer service, will take effect in the second
quarter.
About Bank of the West: Based in San Francisco, $64
billion-asset Bank of the West (www.bankofthewest.com)
offers a full range of business, corporate, personal, trust and
international banking services. The Bank operates more than 700 branch
locations and commercial banking offices in 19 Western and Midwestern
states. In 2009, for the second consecutive year, Bank of the West was
ranked the highest in customer satisfaction among retail banks in the
West by J.D. Power and Associates. Bank of the West's holding company,
BancWest Corporation, is a subsidiary of BNP Paribas, among the six
strongest banks in the world, according to Standard & Poor's.
Bank of the West received the highest numerical score among retail banks
in the West (CA, OR, WA) region in the proprietary J.D. Power and
Associates 2008-2009 Retail Banking Satisfaction StudiesSM.
2009 Study based on a total of 28,570 responses measuring nine providers
and measures opinions of consumers with their primary banking provider.
Proprietary study results are based on experiences and perceptions of
consumers surveyed in January 2009. Your experiences may vary. Visit
jdpower.com.
Bank of the West Corporate Communications
Jim Cole, 415-399-8268
Jim.cole@bankofthewest.com
or
Edelman
PR
Pablo Rodriguez, 415-486-3267
Pablo.rodriguez@edelman.com
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