The Business, Finance and Budget Committee has supported a 2-year contract for an ATM in the new downtown train station, but a councilman questioned Harris Bank’s proposal to charge a $1.50 transaction fee for non-bank customers.
“I have a problem with certain people getting free service while other people don’t on government property,” Jack Wagner said Monday during a committee of the whole meeting.
Kenneth Bonder, village chief financial officer, said the bank would be unlikely to waive its fees.
Under the proposal, the village would receive revenue from the transaction fees after 700 transactions in a month. The village would get 50 cents per transaction from 701 to 1,200 and 60 cents per transaction between 1,201 and 2,000.
Officials said they asked 10 banks to compete for the contract, but only Harris responded.
The Village Council is expected to vote on the matter Monday.
