All Co-Op News

  • Press News

    04/16/15  |  CO-OP FINANCIAL SERVICES SIGNS AGREEMENT TO ACQUIRE INTEREST IN CANADA-BASED EVERLINK PAYMENT SERVICES

    CO-OP FINANCIAL SERVICES SIGNS AGREEMENT TO ACQUIRE

    INTEREST IN CANADA-BASED EVERLINK PAYMENT SERVICES

    Shares to be Purchased from FIS

    CO-OP Financial Services has signed an agreement to purchase from a subsidiary of Fidelity National Information Services, Inc. (NYSE: FIS) its shares in Everlink Payment Services, Inc., which will give CO-OP majority ownership of the Canadian payments solutions and services provider to credit unions, banks and ISOs in Canada.

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  • Press News

    04/08/15  |  CO-OP FINANCIAL SERVICES ANNOUNCES SHAREHOLDER PATRONAGE OF $29.2 MILLION FOR 2014

    CO-OP FINANCIAL SERVICES ANNOUNCES
    SHAREHOLDER PATRONAGE OF $29.2 MILLION FOR 2014

    Industry's Largest CUSO Has Nearly 1,200 Shareholding Credit Unions

    CO-OP Financial Services is announcing a patronage (shareholder dividend) pool of $29.2 million for 2014, bringing its total shareholder patronage amount to $314.1 million since CO-OP became a credit union-owned cooperative in 1996.

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  • Press News

    03/18/15  |  CO-OP UNVEILS REIMAGINED CO-OP THINK PRIZE 15 CENTERED ON CROWD SOURCED SOLUTIONS

    CO-OP UNVEILS REIMAGINED CO-OP THINK PRIZE 15 CENTERED ON CROWD SOURCED SOLUTIONS

    The Issue: Financially Empower Those Who Need it Most

    The CO-OP THINK Prize has a new, completely reimagined approach in 2015, focusing on inspiring fresh ideas on a key industry and societal issue by capitalizing on the trend of crowd-sourced design thinking. 

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  • Press News

    03/03/15  |  CO-OP URGES CREDIT UNIONS TO 'SEIZE THE NOW' AT GAC

    CO-OP URGES CREDIT UNIONS TO 'SEIZE THE NOW' AT GAC

    Social, Technology Trends Moving in Credit Unions' Favor;

    CO-OP Explains How to Take Advantage in Booth 301

    CO-OP Financial Services is using its exhibition space at CUNA GAC 15 to present a case that social and technological advances are working uniquely to the advantage of credit unions - if they can "Seize the Now." 

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  • Press News

    02/23/15  |  THE MEMBERS GROUP, SAYLENT AND CO-OP FIND VALENTINE'S DAY SPENDING WAY UP

    THE MEMBERS GROUP, SAYLENT AND CO-OP FIND VALENTINE'S DAY SPENDING WAY UP

    Improving Economy Leading to a More Romantic America?

    Americans are perhaps feeling more romantic in addition to feeling more confident about the steadily improving economy. 

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  • Press News

    02/18/15  |  RECORD $3.1 MILLION RAISED BY CREDIT UNIONS IN 2014 THROUGH MIRACLE MATCH BY CO-OP PROGRAM

    RECORD $3.1 MILLION RAISED BY CREDIT UNIONS IN 2014 THROUGH MIRACLE MATCH BY CO-OP PROGRAM

    Applications for Matching Grants in 2015 are Available at www.co-opfs.org/miracle-match

    A total of 170 credit unions participating in the 2014 Miracle Match by CO-OP program raised a record $3.1 million for Children's Miracle Network Hospitals, $1 million of which was matching funds provided by CO-OP Financial Services. 

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  • Press News

    02/13/15  |  NYCUA SIGNS CO-OP FINANCIAL SERVICES' LETTER OF INTENT TO PURCHASE COVERA

    NYCUA SIGNS CO-OP FINANCIAL SERVICES' LETTER OF INTENT TO PURCHASE COVERA

    The New York Credit Union Association (NYCUA) announced today it has signed a letter of intent from CO-OP Financial Services to purchase its subsidiary, Covera Solutions, Inc. Covera currently provides 248 credit unions and their members with credit, debit, ATM and prepaid cards solutions.

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  • Press News

    02/09/15  |  CO-OP RELAUNCHES CO-OP MOBILE WITH REAL-TIME, P2P PAYMENTS

    CO-OP RELAUNCHES CO-OP MOBILE WITH REAL-TIME, P2P PAYMENTS

    RealPay by CO-OP P2P Network Incorporates FIS' PayNet Platform

    CO-OP Financial Services is re-launching CO-OP Mobile, its mobile banking application now featuring optional real-time, person-to-person payments and remote check deposit capabilities for credit union smartphone users.

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  • Press News

    02/02/15  |  IT'S THE YEAR OF THE CREDIT UNION: THINK 15 SPEAKERS TO HELP INDUSTRY 'SEIZE THE NOW'

    IT'S THE YEAR OF THE CREDIT UNION:

    THINK 15 SPEAKERS TO HELP INDUSTRY 'SEIZE THE NOW'

    Credit Union Employees Can Register for May 5-8 Conference at www.co-opthink.org

    CO-OP Financial Services is announcing eight featured speakers for THINK 15, focusing on how an unprecedented convergence of social and technological advances has made 2015 the critical year for credit unions to gain consumer loyalty.

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  • Press News

    01/14/15  |  CO-OP SURPASSES 3 BILLION MARK FOR FIRST TIME IN ANNUAL MEMBER PAYMENT TRANSACTIONS

    CO-OP SURPASSES 3 BILLION MARK FOR FIRST TIME

    IN ANNUAL MEMBER PAYMENT TRANSACTIONS

    Company Sets New Record in 2014 for Transactions Processed

    CO-OP Financial Services established a new annual record in 2014, processing more than 3 billion electronic funds transfer (EFT) and shared branch transactions by credit union members, an increase of 8 percent compared to 2013. 

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