All Co-Op News

  • Press News

    04/14/14  |  CO-OP FINANCIAL SERVICES ANNOUNCES SHAREHOLDER PATRONAGE OF $30.5 MILLION FOR 2013, 17 PERCENT HIGHER THAN PREVIOUS YEAR

    CO-OP FINANCIAL SERVICES ANNOUNCES SHAREHOLDER PATRONAGE
    OF $30.5 MILLION FOR 2013, 17 PERCENT HIGHER THAN PREVIOUS YEAR

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

    RANCHO CUCAMONGA, Calif. (April 14, 2013) - CO-OP Financial Services is announcing a patronage (shareholder dividend) pool of $30.5 million for fiscal year 2013, a 17 percent increase in patronage compared to the 2012 figure of $26.1 million. This brings the total shareholder patronage amount for CO-OP to $284.8 million since becoming a credit union-owned cooperative in 1996.

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  • Press News

    03/31/14  |  CO-OP TO PAY HALF FOR ALL BIZ KID$ DVD BOX SETS PURCHASED BY CREDIT UNIONS FOR CMN HOSPITALS

    CO-OP TO PAY HALF FOR ALL BIZ KID$ DVD BOX SETS
    PURCHASED BY CREDIT UNIONS FOR CMN HOSPITALS

    Joint Initiative of NCUF and CU4Kids Seeks to Further Financial Education of Needy Families

    RANCHO CUCAMONGA, Calif., and MADISON, Wis., March 31, 2014 - CO-OP Financial Services will be paying half the cost of all Biz Kid$ DVD box sets purchased by credit unions under a program to enhance the financial education of families at Children's Miracle Network Hospitals.

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  • Press News

    03/21/14  |  MEDIA ALERT, MARCH 21, 2014: CO-OP COMMENTS ON OVERTURN OF INTERCHANGE RULING

    MEDIA ALERT, MARCH 21, 2014:
    CO-OP COMMENTS ON OVERTURN OF INTERCHANGE RULING

    Note: The text below provides comment from CO-OP Financial Services on the March 21, 2014, decision by the U.S. Court of Appeals to uphold the FRB's Durbin Amendment Rules. The text was sent in a letter to our clients from Stan Hollen, President/CEO, on the same day. Quotations from the text can be attributed to Hollen.

    The U.S. Court of Appeals today upheld the Federal Reserve Board's implementation rules of the Durbin Amendment, rules that had been overturned by a lower court last year. 

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  • Press News

    03/18/14  |  ENSENTA CORPORATION EARNS NEW PATENT FOR REMOTE DEPOSIT CAPTURE TECHNOLOGY

    ENSENTA CORPORATION EARNS NEW PATENT
    FOR REMOTE DEPOSIT CAPTURE TECHNOLOGY

    Third Patent in Two Years Boosts Financial Institution Efficiency, Consumer Experience

    REDWOOD SHORES, Calif., March 18, 2014 - Ensenta Corporation has been granted a patent for software that significantly improves the ability to troubleshoot and fix problems incurred when remotely depositing checks using computers or mobile devices.

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  • Press News

    03/13/14  |  ‘IT STARTS WITH YOU’ AND SIX GREAT SPEAKERS: CO-OP ANNOUNCES INITIAL LINE-UP FOR THINK 14

    'IT STARTS WITH YOU' AND SIX GREAT SPEAKERS: CO-OP ANNOUNCES INITIAL LINE-UP FOR THINK 14

    Credit Union Employees Can Register for May 19-22 Conference at www.co-opthink.org

    RANCHO CUCAMONGA, Calif., March 13, 2014 -  CO-OP Financial Services is announcing the  THINK 14 Conference's first featured speakers, who will focus on helping attendees take a realistic look at themselves and their credit unions under the theme "It Starts With You."

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  • Press News

    03/03/14  |  THREE CREDIT UNION EMPLOYEES ARE FINALISTS FOR $10,000 CO-OP THINK PRIZE 14

    THREE CREDIT UNION EMPLOYEES
    ARE FINALISTS FOR $10,000 CO-OP THINK PRIZE 14

    Grand Prize Winner to be Named on May 21 at THINK 14 Conference in New Orleans

    RANCHO CUCAMONGA, Calif., March 3, 2014 - Three highly innovative-thinking credit union employees are vying for a $10,000 grand prize presented by MasterCard, as CO-OP Financial Services has named the finalists in the CO-OP THINK Prize 14 competition.

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  • Press News

    02/28/14  |  MEDIA ALERT: CO-OP COMMENTS ON VISA, FIRST DATA AGREEMENT

    MEDIA ALERT:
    CO-OP COMMENTS ON VISA, FIRST DATA AGREEMENT

    CO-OP Actively Working to Provide Similar Functionality

    RANCHO CUCAMONGA, Calif., February 28, 2014 - On Wednesday two business partners of CO-OP Financial Services - Visa and First Data (STAR Network) - announced an agreement to share Visa's common debit solution offering issuers, acquirers and merchants an approach for debit EMV chip adoption.

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  • Press News

    02/20/14  |  CO-OP AND ALKAMI PARTNER TO PROVIDE FULLY-INTEGRATED

    CO-OP AND ALKAMI PARTNER TO PROVIDE FULLY-INTEGRATED
    ONLINE AND MOBILE BANKING BILL PAYMENT SOLUTION

    Agreement Also Involves Strategic Investment by CO-OP Financial Services
    And Representation on Alkami Technology's Board of Directors

    RANCHO CUCAMONGA, Calif., and PLANO, Texas, February 20, 2014 - CO-OP Financial Services and Alkami Technology, Inc., are partnering to bundle CO-OP Bill Pay with the Alkami ORB Platform, enabling credit unions to offer members a fully-integrated online and mobile banking bill payment solution.

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  • Press News

    02/19/14  |  ‘EVOLUTON IS INEVITABLE’ EXHIBIT

    'EVOLUTON IS INEVITABLE' EXHIBIT

    HIGHLIGHTS CO-OP PRESENCE AT CUNA GAC 14

    CO-OP Financial Services will be in Booth #301 at
    Entrance of Exhibit Hall

    RANCHO CUCAMONGA, Calif., February 19, 2014 - CO-OP Financial Services, a financial technology company, is using its exhibition space at CUNA GAC 14 to tell the world history of payment systems, from bartering in ancient cultures to the on-line payments of today.

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  • Press News

    02/18/14  |  VALENTINE'S DAY 2014 SHOPPING

    VALENTINE'S DAY 2014 SHOPPING
    SHOWS PURCHASING UP FROM LAST YEAR

    Restaurants, Pay TV, Grocery Stores Were Popular
    As Valentine's Day Kicked-Off Three-Day President's Day Weekend

    RANCHO CUCAMONGA, Calif., February 18, 2014 - Valentine's Day, traditionally a great day for the romantically inclined, also turned out to be a great day this year for restaurants, pay TV and grocery stores. All of these services recorded customers spending more money with them than in the previous year.

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