CO-OP Debit services helps credit unions maximize debit and interchange revenue by combining the infrastructure and management costs of processing Signature and PIN transactions. The service also includes fraud detection and prevention support and turnkey cardholder rewards programs.
"Capital Credit Union was looking to establish a relationship with a debit card processing organization that is always looking towards the future of payment systems in an ever-changing market," said Dustin Bitz, Vice President, Member Services, of the community-based credit union, serving a membership within a 75 mile radius on Bismarck.
"We felt that the CO-OP Next Generation Network technology would help us open the doors to new technologies and ultimately better services for our members," said Bitz. "We are hoping that by utilizing the payment processing services provided by CO-OP, this will allow us to gain an advantage in a fast-paced competitive market."
Payment processing services are in addition to the credit union's participation in CO-OP Network, the nation's largest ATM network for credit union members, with 28,000 ATMs nationwide, 9,000 of which are deposit-taking. CO-OP Network offers more than 50 ATMs in North Dakota.
For more information on CO-OP Debit, call 800-782-9042, ext.
7140, or e-mail firstname.lastname@example.org.
About CO-OP Financial Services
Based in Rancho Cucamonga, Calif., CO-OP Financial Services is the industry leader in access and convenience products for credit unions. Nearing 30 years of credit union service, CO-OP connects credit union members to their accounts through network, payment processing, e-commerce, shared branching and call center services. With more than 3,000 credit union members, 30 million cardholders, 28,000 surcharge-free ATMs, 4,200 shared branch locations and more than two billion annual transactions, CO-OP Financial Services is the nation's largest credit union service organization, offering the tools, counsel and leadership to help credit unions prosper. To learn more, visit www.co-opfs.org. Follow CO-OP on Twitter at:http://twitter.com/COOPFS and keep up with industry issues via the CO-OP Insight Vault blog at:http://co-opinsightvault.com.