September 02
September 02
in 1969 Six weeks after landing men on the moon, Americans take another giant step forward for humanity by introducing the country's first cash-dispensing, automated teller machine. The Docuteller machine was installed in a wall of the Chemical Bank in Rockville Centre, New York. It was the first time that reusable, magnetically coded cards were used to withdraw money. The event was announced in a bank advertisement, which stated, "On September 2, our bank will open at 9:00 and never close again!"
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