CO-OP Financial Services

(incl. tmg)

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.

CO-OP Now Offering 'CU Strategic Investment Assessment' as a Standalone Opportunity

May 11, 2020 – CO-OP Financial Services today announced that it is making its newly introduced Credit Union Strategic Investment Assessment Powered by CO-OP and backed by EY NextWave™ available to all credit unions.

CO-OP Announces Cardholder Payment Relief Solutions for its Full-Service Credit Clients

March 23, 2020 - CO-OP Financial Services has announced a series of programs for its Full-Service Credit clients to help them address the financial stress their members may be experiencing as a result of the COVID-19 outbreak.

COOPER Fraud Analyzer from CO-OP Now Protecting 9.7 Million Member Accounts

March 8, 2020 – Since going live one year ago, COOPER Fraud Analyzer has monitored in real-time more than 113.6 million credit union member transactions, as the fraud-fighting tool from CO-OP Financial Services now protects 9.7 million accounts.

Five County CU Expands Partnership with CO-OP to Enhance Member Experience, Increase Efficiencies

January 5, 2020 – Five County Credit Union, one of the largest participants in CO-OP Shared Branch network in Maine, is expanding its partnership with CO-OP Financial Services to include a wide variety of solutions within the CO-OP ecosystem.