A Chase Bank branch in Boston's Downtown Crossing shopping district. Banker & Tradesman file photo

This summer, expect to see new ATMs at many MBTA stations, topped with the logo of a bank that’s making a major push to expand its business in New England.

JPMorgan Chase will pay the MBTA $3.33 million over five years for the right to place 26 ATMs across the transit network, according to a presentation from the agency at Monday’s meeting of the T’s Fiscal and Management Control Board. Chase and the T will have the option to extend the contract for an additional five years, with the bank paying a total of $7.19 million in rent for the entire 10-year period.

The MBTA presentation said Chase’s winning bid represented a 63 percent increase on the rent the T was getting for ATMs in its stations in the past.

Chase faced only one rival in the bidding process – Citizens Bank, which only bid to place machines on the Red, Orange and Green Lines.

Chase is trying to establish 50 new branches in Greater Boston as part of a larger New England expansion that kicked off last year. Chase branches opened last year in Boston, Brookline, Newton, Chestnut Hill, Belmont and Watertown, with many more approved elsewhere in the area.