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Co Op Financial Services Completes Acquisition Of Ecom Assets

CO-OP FINANCIAL SERVICES COMPLETES ACQUISITION OF ECOM ASSETS


ACQUISITION OF ECOM ASSETS
2/6/2012
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CO-OP FINANCIAL SERVICES COMPLETES
ACQUISITION OF ECOM ASSETS

Includes All eCom Online and Mobile Bill Pay Services, and Employees

RANCHO CUCAMONGA, Calif., February 6, 2012 – CO-OP Financial Services announced that it has completed the acquisition of the assets of Corporate Network eCom, LLC, including its online and mobile bill pay services, and all employees.

All eCom employees will become employees of CO-OP Financial Services and continue to service eCom online and mobile bill pay clients. The organization, located in Lenexa, Kansas, was founded in 1999 and today more than 750,000 credit union members use its electronic bill payment solutions.

The flagship MemberPayPlus enables members to receive, view, manage and pay all of their bills when they log-on to their credit union’s online banking site. MemberPayPlus is a premium, fully-hosted solution for credit unions looking for a comprehensive member bill pay service, but it is also highly price competitive, a characteristic of all eCom products.

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, 4,400 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.