First Citizens Bank Partners with NCR Atleos to Bring Surcharge-Free ATMs to Over 2,000 Target Stores Nationwide

RALEIGH, N.C. — First Citizens Bank announced a major expansion of its physical banking footprint today, entering into a strategic agreement with NCR Atleos to provide its clients with surcharge-free access to automated teller machines located inside more than 2,000 Target retail stores across the United States. This nationwide rollout is designed to offer First Citizens customers a flexible, highly convenient, and secure way to handle their everyday banking needs while navigating their routine retail shopping trips.

Under the terms of the agreement, First Citizens Bank customers will be able to utilize their standard debit cards at participating NCR Atleos-powered ATMs situated within Target locations. This integration allows account holders to perform a comprehensive suite of essential banking transactions without incurring any surcharge fees at the machine. Among the standard services available to customers are cash withdrawals, checking account balance inquiries, and seamless fund transfers between eligible linked accounts, ensuring that routine financial management remains friction-free even outside traditional brick-and-mortar branch environments.

The initiative underscores a broader industry movement toward blending traditional banking infrastructure with high-traffic retail spaces. By embedding financial services directly into environments where consumers already spend a significant amount of time, financial institutions can bridge the gap between digital banking convenience and physical accessibility. For First Citizens, this partnership represents a tactical enhancement to its existing distribution network, ensuring that customers have reliable access to their cash and accounts regardless of whether they are near a traditional neighborhood branch.

Michael Wilson, Head of Wealth and Consumer Banking at First Citizens Bank, emphasized that the decision to expand the bank’s ATM network is deeply rooted in its core philosophy of customer service and financial accessibility. Supporting the long-term financial well-being of clients is at the heart of what the institution does, Wilson noted, adding that this fundamental commitment guides every decision regarding how banking services are delivered to the public.

According to Wilson, the modern consumer banking experience must seamlessly meet customers where they are through multiple integrated channels, whether those channels are digitally enabled applications or traditional in-person touchpoints. Having robust in-store accessibility is viewed by bank leadership as a practical extension of the convenience, reliability, and personalized service that customers have come to expect from First Citizens throughout its long history.

With the addition of the Target store footprint, First Citizens customers now enjoy surcharge-free access to a combined network of more than 2,000 ATMs and traditional branch locations spanning the United States. This newly expanded network represents only the latest in a continuous series of strategic investments directed toward elevating the overall client experience. Company executives note that this growth reflects the very same client-centered, relationship-driven approach that First Citizens has successfully brought to the banking sector for generations, balancing technological evolution with steadfast reliability.

The timing of the rollout aligns with shifting consumer preferences regarding physical banking access. While digital and mobile banking applications continue to experience record adoption rates, the demand for reliable, fee-free physical cash access points remains strong, particularly for everyday purchases and routine errands. By partnering with NCR Atleos—a recognized leader in expanding self-service financial access—First Citizens is able to scale its physical presence rapidly and efficiently without the substantial capital expenditure typically required to build standalone physical branches.

For customers interested in locating the newly available surcharge-free ATMs, First Citizens Bank has provided dedicated resources. Account holders can visit the bank’s official location finder online or utilize the integrated ATM locator feature directly within the First Citizens mobile banking application to identify participating Target stores in their local areas.

First Citizens Bank operates as a cornerstone of personal, business, commercial, and wealth banking, helping a diverse clientele build financial strength that lasts across generations. Headquartered in Raleigh, North Carolina, the institution has cultivated a unique legacy characterized by operational strength, financial stability, and long-term strategic thinking. First Citizens offers a comprehensive array of general banking services through a robust network of branches and offices located nationwide.

Additionally, the institution features specialized commercial banking expertise designed to deliver best-in-class lending, leasing, and financial services from coast to coast. Its specialized divisions include innovation banking, which serves emerging and established businesses at every stage of their corporate lifecycle, as well as a nationwide direct bank that serves clients remotely.

The parent company of the bank, First Citizens BancShares, Inc., is publicly traded on the NASDAQ global select market under the ticker symbol FCNCA. As a top 20 U.S. financial institution holding more than $230 billion in assets, First Citizens BancShares stands proudly as a member of the prestigious Fortune 500 list, reflecting its immense scale and enduring financial significance within the American economy.

On the other side of the partnership, NCR Atleos operates as a major force in the financial technology and self-service sector. Traded on the New York Stock Exchange under the ticker symbol NATL, the company brings extensive industry expertise and operational scale to the collaboration. NCR Atleos manages the largest independently-owned ATM network in the industry, provides always-on global services, and continuously pioneers new innovations in financial self-service technology.

The company’s core business model is centered on improving operational efficiency for financial institutions, driving valuable foot traffic for major retailers, and enabling frictionless digital-first financial experiences for end consumers. Recognized for its positive corporate culture, NCR Atleos was ranked number twelve on Newsweek’s prestigious list of the Top 100 Global Most Loved Workplaces for 2025. Headquartered in Atlanta, Georgia, the enterprise supports its global operations with a dedicated workforce of approximately 20,000 employees worldwide.