"The CO-OP THINK Prize is designed to initiate and reward new thinking on how to propel the credit union movement forward," said Stan Hollen, President/CEO, CO-OP Financial Services. "We had a great inaugural competition in 2011 and we are looking forward to the 2012 contest once again serving as a conduit for the innovation and creativity of credit union employees."
The entry form is available at www.co-opthink.org/think-prize. Entrants must complete six short-answer questions in Round 1 via the online form. The entries will be judged by representatives of CO-OP and the Filene Research Institute, with judging based on impact, creativity and shareability.
After the close of the competition's Round 1 on August 31, a total of 25 semi-finalists will be notified around Sept. 30. These semi-finalists will have until Nov. 30 to complete their Round 2 work. Three finalists will be named around Jan. 5, 2012, and the grand prize winner will be announced at the THINK 12 Conference in Boca Raton, Fla., on April 30, 2012.
In addition to the $10,000 grand prize, the three finalists and one guest each will have round-trip travel and hotel accommodation costs covered for their attendance at THINK 12. The 25 semi-finalists will each receive a $150 gift card.
For more information, visit www.co-opthink.org/think-prize.
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. With 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, 4,300 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.