Donald Wetzel Net Worth, Income, Salary, Earnings, Biography

Donald C. Wetzel (born ca. 1920) is an American engineer most known for being the inventor of the automated teller machine, which he received a patent for in the United States. Loyola University New Orleans awarded him a Bachelor of Science in international commerce after he graduated from Jesuit High School (New Orleans) (1947). He was born in New Orleans, Louisiana (1951). He also played professional baseball for the New York Giants farm system from 1948 to 1951, and then began working for IBM in his hometown from 1951 to 1955, before moving to Fort Worth, Texas, as branch manager in 1955, and then as a consultant to the banking industry in San Antonio, Texas (1956–1963) and Houston, Texas (1963–65). His technical success began when he was serving as vice president of Docutel Corporation, an automated baggage handling business based in Irving, Texas, which he joined in 1989. (1968). Chemical Bank in New York City began manufacturing the Docuteller machine in 1968, which he developed and copyrighted. It went into production in 1969 and was patented in 1970. (1973). His further ventures included the Financial Systems & Equipment Corporation (1973), Electronic Banking Systems, Inc. (1979), and Autosig Systems, Inc. (1982), all of which he ultimately resigned from in 1989, while still residing in Dallas, Texas.

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