St. Mary's Bank CU (www.stmarysbank.com), founded in 1908 and based in Manchester, N.H., has more than 62,000 members and total assets of about $715 million. St. Mary's debit card program includes about 21,000 cards issued to members, with about 203,000 monthly transactions.
"We selected CO-OP Financial Services for debit processing after a thorough due diligence process," said Ronald Covey, Jr., President/CEO, St. Mary's. "The bottom line for us was that the features and functionality of the CO-OP Debit program were strong, it made financial sense for us and we selected a company that embraces credit union core values, which was very important to us."
With CO-OP Debit, one comprehensive program provides secure and easy transactions for members while giving credit union the cost-saving benefits of consolidated infrastructures, network connections, authorization processes and settlement points. CO-OP Debit Signature and PIN processing helps maximize debit and interchange revenue; boosts member loyalty with convenient access and a turnkey rewards program; manages costs by combining PIN and Signature transactions; provides best-in-class fraud detection services; and offers consultative support.
For more information, visit www.co-opfs.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. 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.