proprietary ATM
Defined in 1 place of the United States Code.
The term “proprietary ATM” means an automated teller machine which is—
(A) located—
(i) at or adjacent to a branch of the receiving depository institution; or
(ii) in close proximity, as defined by the Board, to a branch of the receiving depository institution; or
(B) owned by, operated exclusively for, or operated by the receiving depository institution.
Source
- 1994–present12 U.S.C. § 4001Banks and Banking · Definitions · for purposes of this chapter