New bank to bring back old ATM character

Published: 8 April 2003 y., Tuesday
According to a report in the Hartford Courant, the Barney character, which had a small round face and bow tie, was once so recognizable in the state that any bank's ATM came to be known as a "Barney machine." Barney's bespectacled face will adorn the new bank's ATMs, as the new CBT hopes to capitalize on some of the nostalgia surrounding Barney. According to the Courant, Barney the ATM was registered as a trademark in 1982 to the old CBT. The trademark expired last year, but hasn't been taken by anyone else. So, the new bank now will apply for it, said the bank's lawyer, Robert M. Taylor III, of Day, Berry & Howard in Hartford. Organizers of the new CBT hope to open the bank in January, with branches in Hartford, West Hartford and Glastonbury. First, they must get approvals from the state banking commission and raise between $12 million and $18.5 million in a stock offering. Barney hasn't been seen since 1992. A year earlier, the old CBT failed as part of the spectacular collapse of the Bank of New England Corp. The remains of the old CBT were purchased by Fleet Financial Group, which booted Barney. CBT officials were inspired to create Barney in 1976 after hearing about an Atlanta bank that used a character called "Tillie the Teller" to boost ATM usage, according to the Courant.
Šaltinis: atmmarketplace.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Joint Statement on Greece by EU Commissioner Olli Rehn and IMF Managing Director Dominique Strauss-Kahn

Mr. Olli Rehn, European Union Commissioner, and Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following joint statement on Greece. more »

World Bank Supports Urban Development in Bhutan

The World Bank today approved a $12 million IDA credit to Bhutan, designed to improve infrastructure services in parts of the capital city of Thimphu where no formal services are currently available. more »

Reform of the Common Fisheries Policy high on the agenda at events in Spain

Fisheries ministers and stakeholders alike will be discussing the future shape of the EU's Common Fisheries Policy at two major events in Spain over the next days. On 2 and 3 May, in La Coruña, the Commission and the Spanish Presidency are organising a large stakeholder conference on the reform of the Common Fisheries Policy. more »

IMF’s Regional Outlook Shows Asia Leading Global Recovery

Asia is leading the global recovery and the region’s contribution to global growth will continue to exceed that of other regions in the next two years, the International Monetary Fund (IMF) said today in its latest Regional Economic Outlook (REO) for Asia and the Pacific. more »

EBRD supports development of green energy in Poland

The EBRD is supporting the modernization of the electricity distribution network and the development of renewable energy sources in Poland with a PLN 800 million loan (equivalent to approximately €205 million) to the Energa energy group in order to help the company strengthen its power grid. more »

Baltic Development Forum 2010

At the beginning of the summer this year, Vilnius will become the capital of the Baltic Sea region. On 1-2 June 2010, the city will host the Baltic Sea States Summit and the Baltic Development Forum (BDF) Summit. more »

Visit Lithuania by a Hot Air Balloon at the World EXPO 2010 in Shanghai

Visitors of the World Expo 2010, which will open in the Chinese city of Shanghai on May 1st under the slogan “Better City, Better Life” and will last for 184 days until the end of October, are kindly invited to get into a hot air balloon at the Lithuanian Pavilion. more »

SEB Bank Group Lithuania Result

According to preliminary data, unaudited net loss sustained over the first quarter of the year 2010 by SEB Bank is LTL 59,4 million (EUR 17,2 million) and that by SEB Bank Group is LTL 80,3 million (EUR 23,3 million). more »

Globalisation fund unemployment aid - a good tool, but far too slow

European Globalisation Adjustment fund (EGF) aid must be delivered faster and more simply to unemployed workers hit by the financial crisis or globalisation, concluded the Budgets and Employment committees after evaluating the fund on Wednesday. more »