All Co-Op News

  • Press News

    07/19/10  |  Credit Unions – Top 10 Reasons To Choose One Over A Bank

    As Banks Struggle with Declining Reputations and Consumer Mistrust, More People are Selecting Credit Unions as Their Primary Financial Institution

    RANCHO CUCAMONGA, Calif. (July 19, 2010) - When it comes to personal financial security, a recent Zogby Interactive survey of consumers rated bankers less popular than politicians. But consumers don't have to rely on big banks as their primary financial institutions (PFI). There's an army of 8,000 credit unions representing 90 million members in the United States alone, ready to offer a convenient, secure alternative.

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  • Press News

    07/06/10  |  CO-OP Member Center Enables Credit Unions to Capture Member “Opt-In” Requests Under Reg E

    Potential Reduction in Income is at Stake for Credit Unions

    RANCHO CUCAMONGA, Calif. (July 6, 2010) - CO-OP Member Center, a wholly-owned subsidiary of CO-OP Financial Services, is offering credit unions an opportunity to provide its members an easy and efficient way to "opt-in" for overdraft protection, helping members avoid declined transactions and protecting credit unions from loss of income.

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  • Press News

    06/29/10  |  CO-OP THINK PRIZE Call for Entries Now Available at www.co-opthink.org

    RANCHO CUCAMONGA, Calif., June 29, 2010 - With a $10,000 grand prize at stake, call for entry forms and submission guidelines for the CO-OP THINK PRIZE are now available at www.co-opthink.org. This new, annual contest is designed to inspire and reward innovative, shareable ideas on how to grow the credit union movement.

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  • Press News

    06/23/10  |  CO-OP Financial Services Nearing Completion of Phase Two Development of Shared Branching Capabilities for ATMs

    Software Will Enable Credit Union Members to Conduct Nearly All Business at Existing ATMs

    RANCHO CUCAMONGA, Calif., June 23, 2010 - CO-OP Financial Services is nearing completion on phase two application software that will allow members of participating shared branching credit unions to skip the teller line and conduct nearly all financial transactions at existing NCR ATMs.

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  • Press News

    06/22/10  |  CO-OP Financial Services Acquisition of SHARE SYSTEM is Now Complete

    Same Great Program and Service Available Through CO-OP

    WARRENVILLE, Ill., and RANCHO CUCAMONGA, Calif. (June 22, 2010) - Members United Corporate FCU and CO-OP Financial Services are pleased to announce that CO-OP's purchase of SHARE SYSTEM from Members United, announced on March 15, is now complete.

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  • Press News

    06/16/10  |  Shruti Miyashiro and Theresa Mann Named to Audit Committee of CO-OP

    Appointments Stretch from the Pacific to the Atlantic Coasts

    RANCHO CUCAMONGA, Calif. (June 16, 2010) - Credit union leaders Shruti Miyashiro and Theresa Mann have joined the Audit Committee of CO-OP Financial Services, providing oversight to the financial affairs and corporate records of the industry's largest credit union service organization.

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  • Press News

    06/09/10  |  Credit Unions "Share Branches" to Give Consumers the Nation's Fourth Largest Branch Network

    CU Members Get Increased Access to Most Popular Services Compared to Banks

    RANCHO CUCAMONGA, Calif. (June 9, 2010) - Credit unions have one of the best kept secrets in the financial services industry - one they are anxious to make known.

    It's simple: they cooperate. They share marketing tips, technology, ATMs and even branches with each other. It's a concept called "shared branching." The 1,650 credit unions around the country that participate give their members convenient access to more than 4,000 branch locations, where they can do virtually any transaction they would normally do at their own credit union's main office. This gives credit unions the fourth largest branch network in the country, trailing only three major banks.

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  • Press News

    06/02/10  |  CO-OP Miracle Match Again Offering $1 Million for Children’s Miracle Network Fundraisers

    Credit Unions Can Apply Now for Matching Funds at www.co-opfs.org

    RANCHO CUCAMONGA, Calif. (June 2, 2010) - Two credit unions in San Antonio, Texas, are leading the way in raising funds for Children's Miracle Network - and CO-OP Financial Services is looking for credit unions and associations ready to add to their total.

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  • Press News

    06/01/10  |  CO-OP Financial Services Contributes $75,000 to Defeat Interchange Amendment

    Congressional Conference Committee to Meet as Early as June 15

    RANCHO CUCAMONGA, Calif. (June 1, 2010) - CO-OP Financial Services has contributed $75,000 to the Credit Union National Association (CUNA) to support its grassroots efforts to eliminate the Durbin interchange amendment from a final financial regulatory overhaul bill.

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