<P> On September 2 , 1969 , Chemical Bank installed the first ATM in the U.S. at its branch in Rockville Centre , New York . The first ATMs were designed to dispense a fixed amount of cash when a user inserted a specially coded card . A Chemical Bank advertisement boasted `` On Sept. 2 our bank will open at 9 : 00 and never close again . '' Chemical 's ATM , initially known as a Docuteller was designed by Donald Wetzel and his company Docutel . Chemical executives were initially hesitant about the electronic banking transition given the high cost of the early machines . Additionally , executives were concerned that customers would resist having machines handling their money . In 1995 , the Smithsonian National Museum of American History recognised Docutel and Wetzel as the inventors of the networked ATM . </P>
<P> On September 2 , 1969 , Chemical Bank installed the first ATM in the U.S. at its branch in Rockville Centre , New York . The first ATMs were designed to dispense a fixed amount of cash when a user inserted a specially coded card . A Chemical Bank advertisement boasted `` On Sept. 2 our bank will open at 9 : 00 and never close again . '' Chemical 's ATM , initially known as a Docuteller was designed by Donald Wetzel and his company Docutel . Chemical executives were initially hesitant about the electronic banking transition given the high cost of the early machines . Additionally , executives were concerned that customers would resist having machines handling their money . In 1995 , the Smithsonian National Museum of American History recognised Docutel and Wetzel as the inventors of the networked ATM . </P>
when was the first atm installed in the us
when was the first atm installed in the us
September 2 , 1969
September 2 , 1969