The company said that this new feature will enable customers to set a target amount and track their monthly Wells Fargo ATM withdrawals.
ATM Cash Tracker will allows customers to set a monthly withdrawal target and provides detail about how much the customer withdrew the prior month and their average over the past 12 months.
Once established, an ATM Cash Tracker button will automatically appear on the customers’ personalized Main Menu screen to help visually track progress.
Wells Fargo said ATM Cash Tracker will cover cash withdrawals at Wells Fargo ATMs only, and is available only to Wells Fargo customers. The service will become available to Wachovia customers once their state converts to Wells Fargo.
The conversion of Wachovia locations to Wells Fargo is planned to take place through 2011.
Wells Fargo head of ATM Banking Alicia Moore said budgeting and money management are top of mind for customers today. Wells Fargo wanted to create a tool that would help its customers by tracking their ATM withdrawals for better budgeting.
"Wells Fargo is committed to helping our customers succeed financially and we’re excited to offer this newest personal financial management tool," Moore said.