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Citibank Inc. plans to allow its checking-account customers to make deposits at Citi-branded ATMs located inside 7-Eleven Inc. stores in Northern California as part of a pilot scheduled to begin in February. Citi will conduct the test at five 7-Eleven stores in Alameda County, Calif., Janis Tarter, a Citi spokesperson, tells ATM&Debit News, a CardLine sister publication. Once the New York-based bank completes the trial it plans to roll out deposit acceptance at all 7-Eleven stores throughout California by midyear, Tarter says. Currently, Citi customers can withdraw only cash from the ATMs. Houston-based independent sales organization Cardtronics Inc. owns the 5,500 ATMs housed inside 7-Eleven stores nationwide, having purchased the convenience-store chain's ATM and Vcom network for $137 million in June 2007. Vcoms are multifunctional ATMs that enable customers whose banks have contracts with Cardtronics to make deposits. Citibank has branded all of the 7-Eleven's ATMs with its trademark.
