Article: Flood Waters In Iowa Shut Banks And Destroy ATMs In Affected Areas.

Iowa flood waters have inundated area bank branches and disabled ATMs, and bank executives will not be able to determine the extent of the destruction until they get a first-hand look at the damages after the waters recede.

But ATM manufacturer Diebold Inc., which has a large number of bank clients in the affected areas, says all of the ATMs have been totaled.

Once the personal computer that drives the ATM gets wet, the ATM has to be replaced, Mike Jacobsen, a Diebold spokesperson, tells ATM&Debit News. Jacobsen could not say how many ATMs were affected. It also is not clear what happens to the soggy bank notes locked in the ATMs safes.

The ...

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