Media Contact:
Sarah Holden
(704) 383-7157
Media Contact:
Vince Scanlon
(336) 732-6387
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September 04, 2001
FIRST UNION AND WACHOVIA WAIVE ATM FEES FOR CUSTOMERS AT NEARLY 5,000 ATM LOCATIONS
SATELLITE DOWNLINK AVAILABLE: B-roll footage of the two companies ATMs will be available from 10:30 to 11:00 a.m. EST through the following coordinates: Telstar 5C-24. Downlink frequency: 4180 MHZ H.
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WHO:
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First Union and Wachovia customers
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WHAT:
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First Union and Wachovia announced today that, as an immediate result of the completion of their merger as the new Wachovia Corporation (NYSE: WB), ATM surcharges and non-First Union/Wachovia ATM transaction fees will be waived for customers of both banks at the nearly 5,000 First Union and Wachovia ATMs on the East Coast.
Customers can use their current ATM card and PINs at either bank’s ATMs from Connecticut to Florida to make cash withdrawals or check account balance inquiries without paying a surcharge (other account fees may apply).
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WHEN:
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Immediately
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WHERE:
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Nearly 5,000 First Union and Wachovia ATMs on the East Coast.
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WHY:
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“Our priority is to provide the best possible service for our customers as we integrate these two great companies,” said Ben Jenkins, head of the new Wachovia’s General Bank. “Waiving this fee is the first step in making things as easy as possible for customers of both banks as we create the premier financial services company in the industry.”
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Wachovia Corporation, with pro forma assets of $322 billion as of June 30, is a leading provider of financial services to 19 million retail and corporate customers throughout the East Coast and the nation. The company operates full-service banking offices in 11 East Coast states and Washington, D.C., and offers full-service brokerage with offices in 47 states and global services through more than 30 international offices.
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