SHARE SYSTEM from CO-OP provides ATM and debit card program support in implementations, adjustments/chargebacks, operations and training. SHARE SYSTEM clients also have access to CO-OP Network, providing members of participating credit unions with surcharge-free access to more than 28,000 ATMs throughout the United States, 9,000 of which are deposit-taking.
“With the Durbin Amendment’s impact on interchange, we were looking for a cost-effective solution for our ATM and debit card program,” said Tim Moorman, Chief Financial Officer, Charles Street Community FCU, based in Marion, Ind., and has about 4,000 members and $19 million in assets. “The cost for SHARE SYSTEM compared very favorably against our current provider, and we could offer our members real-time debit card processing, whereas we could not previously.”
“SHARE SYSTEM enables us to provide real-time debit card processing for our members and gives us access to thousands of surcharge-free ATMs, which is key as we do not have an ATM fleet,” said Chandra Ashby, Manager, Four Flags Area Credit Union, based in Niles, Mich., and has about 1,000 members and $4 million in assets. “Making our members’ lives easier is the ultimate goal.”
For more information on SHARE SYSTEM from CO-OP Financial Services, contact the SHARE SYSTEM office at 800-782-9042, option 5 or via e-mail at ShareSystem2@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. 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.