ATM Ownership

The State of Minnesota requires all non-bank owners of Electronic Financial Terminal (EFT), or ATM, machines, to post a bond in the amount of $10,000.

Regulating Department Contact:

Sue Jensen
Minnesota Department of Commerce
85 7th Place East, Suite 500
St. Paul, MN 55101
(651) 296-2715

Statutes:

Minnesota Rules 2675.8100 – 2675.8190

Underwriting Requirements:

  1. Apply for bond HERE
  2. May request business and personal financial statements.
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