Founders Federal Credit Union, a member‑focused cooperative that serves more than 289,000 members across 50 offices in South Carolina and North Carolina, has announced that it will adopt NCR Atleos’s ATM‑as‑a‑Service (ATMaaS) operating model. The partnership will allow the credit union to modernize its self‑service experience by leveraging Atleos’s end‑to‑end platform, which bundles hardware, software, cash management, and maintenance under a single recurring contract.
The ATMaaS platform is designed to reduce capital expenditures and operational complexity for institutions that operate large ATM networks. By outsourcing the full lifecycle of its ATM fleet, Founders Federal will gain access to Atleos’s AI‑driven service‑optimization tools and advanced recycler technology, which together improve uptime and lower maintenance costs. The move also aligns with the credit union’s recent merger with VITAL, which has prompted a broader technology modernization effort across its branches and digital channels.
NCR Atleos, which spun off from NCR Corporation in 2023, entered into a definitive agreement to be acquired by The Brink’s Company in February 2026 for $6.6 billion. In its most recent earnings release, Atleos reported Q3 2025 revenue of $1.12 billion, a 4% year‑over‑year increase, and net income attributable to Atleos of $26 million, up 24% from the prior year. Full‑year 2025 net income rose 103% to $162 million, and adjusted EBITDA increased 6% to $830 million. The acquisition context underscores the strategic importance of the new partnership, as it adds a sizable customer to Atleos’s portfolio just before the transaction closes.
The partnership reflects a broader market trend in which credit unions and other financial institutions are shifting toward outsourced ATM solutions to avoid large upfront capital outlays while maintaining service quality. Atleos’s focus on recurring revenue from ATMaaS contracts—approximately 65% of its revenue in early 2026—positions it to capture growth in this segment. For Founders Federal, the deal provides a scalable, low‑maintenance ATM network that supports its expanded branch footprint and digital strategy.
In summary, the adoption of NCR Atleos’s ATM‑as‑a‑Service platform marks a significant operational milestone for Founders Federal Credit Union and reinforces Atleos’s strategy of converting traditional hardware sales into high‑margin, recurring service contracts. The partnership comes at a pivotal moment, as Atleos prepares to transition to new ownership under The Brink’s Company, further highlighting the strategic value of the deal for both parties.
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