RediATM

rediATM's logo

The rediATM network was an Australian ATM network originally operated and owned by Cuscal. On 14 August 2019, Cuscal sold the network to the Armaguard who subsequently closed the network by merging with its atmx network.[1][2]

History

  • 1982 – RediTeller ATM network launched to support Australian credit unions
  • 2008 – Cuscal and its partners began rebranding RediTeller ATMs to rediATM
  • 2009 – National Australia Bank joins the rediATM network, combining NAB's network of 1,700 ATMs with Cuscal's network of 1,400 ATMs[3]
  • 2010 – Bank of Queensland joins the rediATM network
  • 2017 – Suncorp joins rediATM network[4]
  • 2018 – National Australia Bank announces it will discontinue using the rediATM network from 1 January 2019[5]
  • 2019 – Armaguard finalises Cuscal rediATM Scheme acquisition on 14 August 2019
  • 2021 – Network was closed and merged with atmx

Partnered financial institutions (before network closure)

After a large number of members withdrawing over the years from the network, only the following financial institutions remained partners after the rediATM network closure:

References

  1. ^ "Armaguard finalises Cuscal rediATM Scheme acquisition". Cuscal. 14 August 2019. Retrieved 11 September 2022.
  2. ^ Timeline Armaguard
  3. ^ Press release, 15 July 2009: Expanded rediATM network
  4. ^ "Suncorp drops Bendigo for rediATM deal". Courier Mail. 28 June 2017.
  5. ^ Yoo, Tony (10 May 2019). "This big bank just LOST 2,000 ATMs". Yahoo Finance. Archived from the original on 13 May 2019. Retrieved 21 June 2025.

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