Wells Fargo 2007 Annual Report Download - page 21
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19
Pushing the Envelope––Aside
Wells Fargo Envelope-FreeSM webATM®
|
Troy Ledo of Danville, California, is a hair designer and color specialist whose
customers often pay him with checks—checks he once deposited with a teller on his day off. Not anymore. One of his
customers, Alicia Moore of Wells Fargo, told him about a new function at Wells Fargo ATMs that could save him time and
hassle. Now he just goes to a nearby Wells Fargo ATM any time of day and simply slips a stack of checks directly into the slot.
He doesn’t need a pen or need to do any math. The ATM does all the work—sorts and reads each check, and then prints an
image of the check on his receipt. “I know ATMs weren’t meant to be fun,” he said, “but they are when you can do this! I’m
confident the bank received my checks, and tracking my clients’ payments is a breeze.” Since they were installed beginning
in 2006 in northern California, 1,300 Wells Fargo Envelope-Free webATM machines have processed 22 million checks—that’s
16 million fewer paper envelopes, or 1,344 trees saved.*
* Estimate using Environmental Defense Paper Calculator