RANCHO CUCAMONGA, Calif. (February 16, 2012) – In a move to enhance operational efficiency and member convenience, Aloha Pacific FCU is expanding its relationship with CO-OP Financial Services to include debit processing and ATM terminal driving services.
Aloha Pacific FCU of Honolulu is the third largest credit union in Hawaii, with $714 million in total assets and 38,327 members. The credit union has been a participant in CO-OP Network since November 2004, and Aloha Pacific FCU is now calling on CO-OP Financial Services to handle all processing of signature and PIN debit transactions by member cardholders, and management of their fleet of 40 ATMs.
“We decided on CO-OP for debit processing and terminal driving because of their exclusive focus on serving credit unions, their strategic direction, and vast array of payment products and services,” said Rand Yamasaki, Vice President and Controller for Aloha Pacific FCU. “Our credit union wholeheartedly believes that the national movement needs to collectively stay together or we will be thrown into the wash with the banks and our unique philosophy will be history. We look forward to working with CO-OP to meet our ever-changing member expectations and needs.”
CO-OP Financial Services has 27 credit union clients in Hawaii. As a CO-OP Network participant, Aloha Pacific FCU members have access to more than 28,000 ATMs nationwide, 9,000 of which are deposit taking. With CO-OP Signature and PIN Debit Processing and ATM Terminal Driving, Aloha Pacific has a complete outsourcing solution for these functions, enabling the credit union to focus on its core financial services to members.
For more information on CO-OP Payment Processing services, go to www.co-opfs.org.
About CO-OP Financial Services
Based in Rancho Cucamonga, Calif. and founded in 1981, CO-OP Financial Services is the industry leader in access and convenience products for credit unions. CO-OP Financial Services 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 clients, 30 million cardholders, 28,000 surcharge-free ATMs, 4,400 shared branch locations and more than 2.2 billion annual transactions, CO-OP Financial Services offers the tools, counsel and leadership to help credit unions prosper. To learn more, visit www.co-opfs.org.