Case Study: Citizens Bank reduces costs by 29% with Loomis

Citizens Bank reduces cash-handling costs by 29% with Loomis

Citizens Bank faced a challenge when it needed to transition its cash-handling services, including cash in transit, ATM servicing, and vault operations, from a previous vendor across its New England, New York, and Pennsylvania locations. The bank engaged the vendor Loomis to manage this critical migration.

Loomis successfully implemented its cash management services to onboard the bank's operations, ensuring a smooth transition with minimal operational impact. As a result of this partnership, Citizens Bank achieved an overall cost reduction of 29 percent. Loomis played a critical role in solving problems throughout the process.

Citizens Bank