Word: tellerless
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...became Freeman's vice chairman and heir apparent about two years ago. A major force behind First Chicago's expansion in recent years, Abboud foresees the company's total assets growing to $25 billion in the next five years. One plan: rapid establishment of low-overhead, tellerless "branches" that will use computerized electronic machines for withdrawals and deposits. The bank has announced plans to open its first twelve such installations in Jewel food stores next month...
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