MnCUN (www.mncun.org), St. Paul, Minn., will market CO-OP products to more than 150 Minnesota-based credit unions, with more than 1.5 million members. CO-OP offers services that maximize member convenience and operational efficiencies for credit unions, including CO-OP Network, payment processing, e-commerce, shared branching and call center services.
CO-OP Financial Services already has more than 30 credit unions as clients in Minnesota, and provides more than 400 surcharge-free ATMs to members of participating credit unions in the state through its flagship CO-OP Network. Credit union members can also access 28,000 surcharge-free CO-OP Networks ATMs nationwide, 9,000 of which are deposit-taking.
"We have been a partner of CO-OP Shared Branching for many
years," said Mark Cummins, President/CEO of MnCUN. "By representing
CO-OP's entire portfolio of carefully integrated products, we see a
tremendous opportunity to help Minnesota credit unions provide
better service to members, reduce service costs through volume and
relationship pricing, and increase revenues."
"Our goal at CO-OP is to make sure that credit unions can compete and win against banks by making it easy for members to access their accounts," said Stan Hollen, President/CEO of CO-OP Financial Services. "Through our partnership with MnCUN, we can provide more credit unions in Minnesota with the tools they need to become the primary financial institutions of their members."
The two organizations are celebrating the agreement at CUNA GAC, Feb. 27-March 3 in Washington, D.C., as CO-OP Financial Services is a sponsor of MnCUN's "Minnesota Night" on Mon., Feb. 28. Starting at 4 p.m., attendees will take a tour of historic Ford's Theatre, and then move on to a reception at The Caucus Room restaurant nearby. More information about Minnesota Night will be available from MnCUN at CUNA GAC.
For more information on products and services from CO-OP Financial Services, contact the company's Business Development department at 800-782-9042, ext. 7140, or via e-mail at: BusinessDevelopment@co-opfs.org, or contact MnCUN at 800-477-1034.
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 services, payment processing, e-commerce, shared branching and call center services. With a total of 3,000 credit union members, 30 million cardholders, 28,000 surcharge-free ATMs, 4,000 shared branch locations and 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.