CO-OP Financial Services
CO-OP Formalized long-standing support of African-American credit union coalition with new partnership
July 13, 2021 - Credit union payments fintech CO-OP Financial Services today announced an expansion of its support for the African-American Credit Union Coalition (AACUC) by committing to a five-year corporate sponsorship.
Benson Porter of BECU Elected Chairperson, CO-OP Financial Services Board of Directors
June 1, 2021 - Benson Porter, President/CEO of BECU, based in Tukwila, Washington, is now Chairperson of CO-OP Financial Services, elected during a Board of Directors meeting held May 20, immediately after CO-OP’s 40th annual Shareholders meeting.
CO-OP Launched digital Card Issuance, Continuing Payments Ecosystem Expansion
May 17, 2021 - CO-OP Financial Services is expanding its payments solution ecosystem for credit unions with the rollout of digital card issuance for credit and debit cards. Available immediately, the solution is part of the company’s ongoing commitment to creating connected solutions that deepen credit union-member engagement through modern payments experiences.
BECU Renews Partnership With CO-OP Financial Services to Help Chart Strategic and Technology Future
April 27, 2021 – BECU, the nation’s third largest credit union, is renewing its 14-year partnership with CO-OP Financial Services, leveraging its integrated ecosystem to enable fast, convenient and secure payment experiences for members.
Bob Falk and Greg Mitchell Appointed to Board of CO-OP Financial Services
March 3, 2021 - Bob Falk of Purdue FCU and Greg Mitchell of First Tech FCU have been appointed to the Board of Directors of CO-OP Financial Services.
CO-OP Financial Services Adds Talent in Key Roles to Help Fuel Delivery, Innovation and Future Vision
February 19, 2021 - CO-OP Financial Services has added five Senior Vice Presidents whose combined responsibilities impact virtually every aspect of the business, as the payments and financial technology partner to credit unions continues to invest in its digital ecosystem.
Credit Union of New Jersey Selects CO-OP to Enable Seamless Payment Experiences
December 1, 2020 - According to Credit Union of New Jersey President/CEO Andrew Jaeger, payments are a key strategic offering in the pursuit of member engagement and profitability. As such, it became essential for the 37,000-member cooperative to find a payments processor with a future-proof approach to aggressively leveraging payments as the primary path to growth.
North East Welch Credit Union Select CO-OP Financial Services for PIN and Debit Processing
November 18, 2020 - As North East Welch Credit Union (newelchfcu.com) approached the end of its existing PIN and debit processing partnership, the $20 million cooperative set out to find a partner with rich payments expertise that also understands – and values – small credit unions.
CO-OP's Product Roadmap Expands Modern Payments Platform to Earn Primary Financial Relationships with Members
November 16, 2020 - CO-OP Financial Services has updated its product roadmap, reflecting the company’s development of a cohesive and integrated payments and technology platform built to help credit unions become the single trusted financial partner members need.
New CO-OP Insights Center Provides Credit Unions with Rich Data Insights to Spur Portfolio Growth
November 6, 2020 - CO-OP Financial Services is introducing CO-OP Insights Center, a web-based business intelligence and reporting platform that simplifies complex portfolio information to produce meaningful, actionable insights.
United Educators Credit Union Partners with CO-OP to Provide Members Even Greater Payments Experiences
November 2, 2020 - To satisfy growing member demand for advanced payments options, Minnesota-based United Educators Credit Union is partnering with CO-OP Financial Services for Debit and Full-Service Credit processing.
RVA Financial FCU Awards In-House Credit Processing to CO-OP Financial Services
September 29, 2020 - RVA Financial FCU has expanded its partnership with CO-OP Financial Services to perform In-House Credit services, in addition to re-signing with the company to provide Debit and PIN processing and ATM Terminal Driving.
New Research Shows Prioritizing Payments and Leveraging Daily Touchpoints with Members Leads to Growth
September 20, 2020 - Consumer preference for a single provider and addressing “financial fragility” as a source of dissatisfaction are among the key findings of a new study suggesting credit unions are strongly positioned in the current marketplace.
Iowa Credit Unions Have Expanded Access to Nationwide ATM Network
September 14, 2020 - Iowa credit union members can access their money at even more surcharge-free ATMs thanks to a partnership between CO-OP Financial Services and SHAZAM.
UMe Credit Union Finds Forward-Thinking Technology Partner in CO-OP Financial Services
September 8, 2020 - As UMe Credit Union approached the end of its existing card processing agreement, the institution set as a goal, “aligning with a vendor who is forward-thinking in terms of technology, but also, who truly wants to be a partner in working with us,” said Robert Einstein, President/CEO. “We value relationships.” The Burbank, California-based cooperative found just such a partner in CO-OP Financial Services, which is contracted to perform Debit and In-House Credit services for UMe Credit Union (www.umecreditunion.com).
Rudy Pereira or Premier America Credit Union Elected to CO-OP Board of Directors
August 23, 2020 - Rudy Pereira, President/CEO of Premier America Credit Union of Chatsworth, California, has joined the Board of Directors of CO-OP Financial Services, elected to a three-year term during the company’s Annual Meeting of Shareholders held August 18.
CO-OP Partners with Zelle® to Enable Credit Unions to Offer P2P Payments Now
August 6, 2020 - The ongoing need for physical distancing and remote working – and the limited ability of members to transact in-person – is making the adoption of person-to-person payments by credit unions more essential than ever.
To support members with their distance banking needs now and in the future, CO-OP Financial Services is announcing today it is partnering with Zelle® to offer P2P payments to credit unions in the CO-OP ecosystem.
CO-OP's New Payments Playbook: How to Grow Member Share of Wallet, Establish Primary Financial Relationships
July 8, 2020 - As consumers continue to engage remotely and aggregate their financial lives from a multitude of apps and institutions, there is significant opportunity for credit unions to shift their strategic approach and win members through their daily exercise of making payments.
Generations FCU Expands Partnership with CO-OP to Offer Members Tech-Forward Payments Products
June 24, 2020 - To provide members with an improved cards experience, San Antonio-based Generations Federal Credit Union is now partnering with CO-OP Financial Services for debit and full-service credit processing. The $570 million credit union is also a participant in CO-OP ATM network.
CO-OP Financial Services Announces Retirement of Jim Hanisch
May 18, 2020 – CO-OP Financial Services is announcing the retirement of Jim Hanisch, President, CO-OP Network, following a distinguished career in the payments and financial technology industry, including the last 19 years with CO-OP.