Bremer Bank continues replacement of old branch technology with new ARCA cash recyclers
Efficiency and service opportunities abound
MEBANE, NC — March 15, 2018 — Bremer Bank, headquartered in St. Paul, Minnesota, has teamed up with ARCA, a global leader of cash automation solutions, on an array of projects aimed at solving cash management challenges throughout their many locations. ARCA’s family of CM18 teller cash recyclers were a perfect fit for the long-term project undertaken by Bremer to replace older dispenser technology.
“Originally, we were using cash dispenser technology and decided a few years back to move toward recycler technology. We met with the [ARCA] team back in 2011,” said Lynn Petersen, Enterprise Client Service Manager at Bremer Bank. “We liked a lot of the ARCA technology because when we looked at the machine, it had a smaller footprint, it fit under the teller counter, and we didn’t have to pull out the drawers or even open the vault.”
Cash recyclers are designed to deliver front line and back office benefits, both of which have been achieved at Bremer Bank. “[A teller] can stay at their work station and continue to engage with the customer,” Petersen said.
"Our partnership with Bremer Bank has been extremely successful in overcoming the cash challenges we see in financial institutions across the country, and around the world,” said Jessi Carrasco, Account Manager at ARCA. “Lynn and the Bremer Bank team have been ideal partners throughout this process.”
“It’s been a really good relationship since we installed the first unit in 2015,” Petersen said. “We appreciate the efficiency gained from our ability to reduce cash buys and sells from the vault. We are happy with the product.”
For more information on ARCA’s family of CM18 cash recyclers, visit https://arca.com/financial.
ARCA’s solutions help people control and streamline cash operations in financial institutions, retail stores, and self-service kiosks around the world. We develop technology and services that make transactions simpler, more efficient and more secure. Visit arca.com for more information.
About Bremer Bank
Bremer Financial Corporation is a privately held, $12 billion regional financial services company jointly owned by the Otto Bremer Trust and Bremer employees. Founded in 1943 by Otto Bremer, the company is headquartered in St. Paul, Minnesota, and provides a comprehensive range of banking, mortgage, investment, wealth management, trust and insurance products and services throughout Minnesota, North Dakota and Wisconsin. Clients include small businesses, mid-sized corporations, agribusinesses, nonprofits, public and government entities, and individuals and families.