The IBM 3624 was released in 1978 as a second-generation automatic teller machine (ATM), a successor to the . Designed at the IBM Los Gatos lab, the IBM 3624, along with the later model, was manufactured at IBM facilities in Charlotte, North Carolina and Havant, England until all operations were sold to Diebold, tied to the formation of the InterBold partnership between IBM and Diebold. Comparable ATM units marketed by other companies at the time were the Diebold and NCR 50xx series.