Security Service FCU has been a CO-OP Network client since 2010, and together, TMG and the CO-OP have formed a broader card processing relationship with Security Service FCU. The two leading payments companies announced their strategic partnership in January 2012, which includes joint service of credit unions looking for innovative payment solutions. CO-OP Financial Services will continue to lead Security Service FCU's surcharge-free ATM network strategy, while together, the two companies will focus on growth of the credit union's credit card portfolio.
"We know the strength and variety of payments tools we offer will be critical to the strategic growth of our credit union," said Barbara Taylor, vice president of payment systems, Security Service FCU. " We are confident that the TMG-CO-OP partnership team of experts can help us get to where we want to be in our product offerings."
Security Service FCU is one of the top 10 largest credit unions in the U.S. and serves some 900,000 members. As for the partnership between TMG and CO-OP, Taylor said: "The collaboration with the two companies is a great benefit for our payment teams. Leveraging knowledge and resources from two leading innovators is bound to set us up for success in achieving our growth goals, as well as continuing to serve our members in the manner they have come to expect from Security Service "
The Members Group (TMG) is dedicated to creating customized, technology-driven card processing and payment solutions for credit unions and community-based financial institutions across North America. Innovations in fraud management, loyalty programs, alternative payment systems and analytic reporting, and the competitive advantages they create, have helped TMG forge a new standard in offering cutting-edge credit, debit, ATM, prepaid card products and a P2P payment solution. For more information, visit www.themembersgroup.com.
About CO-OP Financial Services
Based in Rancho Cucamonga, Calif., and founded in 1981, CO-OP Financial Services is the nation's largest credit union service organization in terms of number of credit unions, assets and members. The company specializes in helping credit unions thrive by providing products and services that make it more convenient for members to do business with them. With a motto of "Be There. Be More," CO-OP's products fall into three business lines, including "Locations," (ATM, shared branching and call center services); "Card Payments" (debit and credit processing) and "Mobile/Virtual" (mobile, online, check imaging, bill pay services). To learn more visit www.co-opfs.org.
About Security Service Federal Credit Union
Security Service Federal Credit Union offers competitive, affordable financial products and services designed to meet the needs of its members. Security Service is an industry-leading financial institution with more than $7 billion in assets and operates 70 locations in Texas, Colorado and Utah. The credit union is among the top 10 credit unions in the nation and is the largest in Texas and San Antonio. Security Service strives to be America's best credit union and provides the true benefits of credit union membership with financial services of the highest quality and value. Learn more at www.ssfcu.org or call 1-888-415-7878.