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Committee hears bill to clarify interactive teller machines are not bank branches
Summary
Montana lawmakers heard testimony on House Bill 434 to treat interactive teller machines (ITMs) — video-enabled teller terminals — like ATMs for statutory purposes, aligning state law with recent FDIC guidance and addressing security and rural-access concerns.
Rep. Ed Walls introduced House Bill 434 on behalf of banking interests, saying the bill would update Montana statute to clarify that interactive teller machines — high‑tech ATMs that connect customers to remote tellers by video — are not bank branches.
Supporters including Shane Scanlon of the Montana Independent Bankers Association and Maddie Tyson of the Montana Bankers Association told the Senate Business and Labor Committee the change mirrors 2024 FDIC guidance that ITMs…
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