Money Wall

From 1982 until spring 2012, one of the most visited spots on campus was the Money Wall, a collection of ATM machines located on the outside wall of the university center parking garage. The first ATM was installed in this location in 1982, with the bank paying the cost of installation and a monthly payment to the university of $100. First Tennessee Bank installed an ATM in Presidential Courtyard in 1992. ATMs were installed at Greve Hall and on the agricultural campus by the UT Federal Credit Union in 1995. In spring 2012 the parking garage adjacent to the university center was razed to allow construction of phase I of the new $160 million student union, and the ATMs were removed. Three ATMs—those of SunTrust, Bank of America, and First Tennessee—were placed in the airlock area of the university center at the Phillip Fulmer Way entrance during the construction, but ATMs, viewed by the new student union planning group as being of diminishing use to students who primarily used debit cards for purchases, were not planned for the new student union building.