William Christopher (from the TV show M*A*S*H) is withdrawing cash at an ATM in 1973! And you thought they were only a thing in the '80s! BTW, a Seinfeld episode seems loosely based on this commercial, "You Son Of A B----".
Yes, I live near a large city and our first tellers were in the mid 80's and they did not dispense cash. They were in grocery stores and issued a receipt that you took to customer service and they cashed it for you.
Fun Fact- The first "working" ATM was in Switzerland. The bank had an electric train running past it. These trains actually create quite a bit of electrical "noise" as their contacts scrape across the overhead wires. Well it seems that this noise was the perfect frequency to make the ATM start up the cash dispenser motor... There were Swiss Francs flying into the street. Being Switzerland, they were most likely gathered up and returned to the bank.
You have to remember that is without inflation and minimum wage at the time was only $2 per hour so $8 after taxes was not as little as it is now. People struggled as much living on minimum wage as they do now at the time. Advertisements and movies have always reflected upper middle class the Brady bunch actually lived an extravagant lifestyle so the media available at the time is never an accurate representation of society at the time 😒🫤🫤.
@@kennethgates5790 I know how the dollar has changed. and I know that back then they didn't have the thousands of creature comforts and other things we take for granted. I mean, we have a literal LIBRARY in our hands.
One thing that I remember about the early ATMs is shown in the commercial around 0:43. The cash was dispensed in envelopes pre-counted depending on which amount you asked for.
My first ATM was "Teller Beam" from NBNA (now Bank of America) and the only envelopes were for deposits (which were a pain in the ass to fill out on the lobby desk with the crappy 'pen on a chain').
Interesting, I didn't know that. I like how you could get "up to" $50. Doesn't sound like enough for a night on the town, but I guess that would be the equivalent of about $350 today.
I remember the ATM in the student center on campus where I went to college would dish out a minimum of $5. A few times each week I'd stop by and get another $5. lol....
When they say up to $50, what's stopping someone from just doing this multiple times then? Did the ATM's just do this on purpose to curb money withdrawal addiction?
Actually, the first ATM was invented in 1963. They became somewhat common in big cites (such as New York, Chicago, Milwaukee, etc.) in the 1970s, and grew to being nearly everywhere in the 1980s.
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William Christopher (from the TV show M*A*S*H) is withdrawing cash at an ATM in 1973!
And you thought they were only a thing in the '80s!
BTW, a Seinfeld episode seems loosely based on this commercial, "You Son Of A B----".
And the older guy in the cab is ' Otis ' ( Hal Smith) from Andy Griffith Show.
Yes, I live near a large city and our first tellers were in the mid 80's and they did not dispense cash. They were in grocery stores and issued a receipt that you took to customer service and they cashed it for you.
Fun Fact- The first "working" ATM was in Switzerland. The bank had an electric train running past it. These trains actually create quite a bit of electrical "noise" as their contacts scrape across the overhead wires. Well it seems that this noise was the perfect frequency to make the ATM start up the cash dispenser motor... There were Swiss Francs flying into the street. Being Switzerland, they were most likely gathered up and returned to the bank.
It's Otis Campbell (the town drunk) from the Andy Griffith show.
Imagine having $8 in your wallet, and knowing that that was plenty to get you through the day
You have to remember that is without inflation and minimum wage at the time was only
$2 per hour so $8 after taxes was not as little as it is now. People struggled as much living on minimum wage as they do now at the time. Advertisements and movies have always reflected upper middle class the Brady bunch actually lived an extravagant lifestyle so the media available at the time is never an accurate representation of society at the time 😒🫤🫤.
@@kennethgates5790 I know how the dollar has changed. and I know that back then they didn't have the thousands of creature comforts and other things we take for granted. I mean, we have a literal LIBRARY in our hands.
One thing that I remember about the early ATMs is shown in the commercial around 0:43. The cash was dispensed in envelopes pre-counted depending on which amount you asked for.
My first ATM was "Teller Beam" from NBNA (now Bank of America) and the only envelopes were for deposits (which were a pain in the ass to fill out on the lobby desk with the crappy 'pen on a chain').
Interesting, I didn't know that. I like how you could get "up to" $50. Doesn't sound like enough for a night on the town, but I guess that would be the equivalent of about $350 today.
ATMs help you get hammered with people you don't want to drink with when you'd rather go home. Where's Andy Griffith when you need him?!
Up to $50 then. That's like $500 today.
I can just about remember older people calling them the "hole in the wall"!
Amazing. I had no idea.
I was floored when I found this ad was about an ATM!
I don't even think NYC had them back then!
Mash star; Father Francis Mulcahy. Gone too soon RIP Actor William Christopher.
I remember the ATM in the student center on campus where I went to college would dish out a minimum of $5. A few times each week I'd stop by and get another $5. lol....
The First Wisconsin ATM network would rebrand itself as the now well known TYME network which still exists to this day.
@ 0:34 - Ha ha! I got Father Mulcahy's PIN number
Father Mulcahy! You left the priesthood??
Father Mulcahy and Otis?
Father Mulcahy and Otis Campell!
When they say up to $50, what's stopping someone from just doing this multiple times then? Did the ATM's just do this on purpose to curb money withdrawal addiction?
I can’t even make out, what the old guy is saying.
What do you expect from Otis the drunk?
@@DavidLS1Touche'
otis the drunk
atm did not arrive until the 80s wtf!
Actually, the first ATM was invented in 1963. They became somewhat common in big cites (such as New York, Chicago, Milwaukee, etc.) in the 1970s, and grew to being nearly everywhere in the 1980s.
@@SergeantExtreme Well, thank you
They arrived here in Louisville in 1975.