CO-OP Financial Services, a Californi-based credit union, has won 55 new contracts in 2009 for offering its CO-OP Network. The new network agreements bring the total number of new contracts for the year to more than 100 across multiple business lines.
The company claimed that in addition to the network, CO-OP recorded new client contracts for other product lines, including ATM processing, card services (including customized debit programs), shared branching, fraud protection/risk management and check imaging.
Stan Hollen, president and CEO of CO-OP, said: “CO-OP products give members multiple ways to conveniently access their credit union accounts, better loan and yield rates and superior service, while helping to dispel myths about credit union convenience. Nearly half of all our new contracts are for products other than CO-OP Network.”
