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Select-A-Branch LLC, a King of Prussia, Pa.-based ATM network announced Tuesday it has installed 10 ATMs along Massachusetts Bay Transportation Authority commuter rail lines in Boston and the surrounding suburbs. The authority, which manages and operates bus, subway, commuter rail and ferry systems, awarded the contract to Select-A-Branch in January. Select-A-Branch won the right to install the machines after submitting a high bid of $264,400 for the first year of a five-year agreement with the authority. During the balance of the contract, Select-A-Branch will pay the authority a fee in accordance with the Consumer Price Index, but not less than 2.5% of the index. When cardholders of participating banks and credit unions insert their cards into a Select-A-Branch ATM, the logo of the cardholder's financial institution appears on the ATM screen. Cash withdrawals are surcharge-free for participating financial institutions.

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