Widespread ATM outage affects multiple banks and credit unions
Indianapolis, Indiana – Several banking institutions and credit unions are grappling with a significant ATM outage, impacting customers’ ability to withdraw cash without resorting to in-person branch visits. The interruption is vast, touching a myriad of financial establishments across the region.
Institutions Affected
Among the institutions affected by this disruption are Centra Credit Union, Everwise Credit Union, First Farmers Bank & Trust, FORUM Credit Union, Indiana Members Credit Union, Lake City Bank, Security Federal Savings Bank, and STAR Financial. This widespread issue emphasizes the interconnected nature of modern banking and how singular disruptions can cascade into broader systemic problems.
Source of the Outage
Preliminary investigations into the cause of the outage point towards complications with an “external vendor.” However, specific details surrounding the nature of these complications remain scarce at this time. First Farmers Bank & Trust, in communication with its customers, has termed the disruption as a “regional” outage. They further clarified that an update to the ATMs is necessary before they can be fully operational again. Indiana Members Credit Union broadened the scope, mentioning that the problem has affected “financial institutions throughout Indiana and the surrounding states.”
Banks’ Response and Customer Guidance
To mitigate the inconvenience to their customers, Lake City Bank has advised clients to utilize other ATM services, committing to refund any associated fees. Likewise, other affected institutions have been directing their patrons to visit branches in person and have provided lists of functional ATMs to aid them during this outage.
For more specific details and timely updates on the outage, most of these financial institutions have posted notifications on their respective websites, including Centra Credit Union, Everwise Credit Union, First Farmers Bank & Trust, FORUM Credit Union, Indiana Members Credit Union, Lake City Bank, Security Federal Savings Bank, and STAR Financial.
As investigations continue and remedial actions are undertaken, customers are urged to keep abreast of updates from their respective banks and plan their financial activities accordingly.
