RANCHO CUCAMONGA, Calif. (June 23, 2014) - CO-OP Financial Services has reached its first partnership agreement with West Virginia League Services Corp., in which the West Virginia Credit Union League's service arm will exclusively promote CO-OP ATM to its member credit unions.
WVLSC will also promote on a non-exclusive basis CO-OP electronic payment processing services. Endorsed services include PIN and signature debit processing; in-house or pass-through credit processing (CO-OP also offers full-service credit processing through its partnership with The Members Group of Des Moines, Iowa); and ATM terminal driving (control and management).
"We are partnering with CO-OP because we wanted to align ourselves with a proven provider that can deliver EFT services geared to West Virginia's credit unions of all asset sizes," said Ken Watts, President of both the league and its Services Corp. "This is a great opportunity for credit unions to tap-in to a leading provider of a variety of EFT platform solutions. Credit unions will have the opportunity to tie-in to a proven network of services that are fairly priced and delivered in a manner consistent with the high service expectations that credit union members have come to expect."
"We are confident this partnership with West Virginia League Service Corp. will help bring more credit unions into the CO-OP ATM network, making it easier and more convenient for members to access their accounts," said Stan Hollen, President/CEO of CO-OP. "Our payment processing services will also help the state's credit unions operate more efficiently and profitably."
CO-OP ATM is a nationwide-network of 30,000 ATMs, 9,000 of which are deposit-taking, available surcharge-free to the members of participating credit unions. It is the nation's largest credit union-only network of ATMs. A locator for CO-OP ATM is available at www.co-opatm.org.
The WVCUL, established in 1937 and based in Parkersburg, has nearly 100 affiliated credit unions in the Mountain state. Both the league and its service group can be contacted via www.wvcul.org.
For more information on CO-OP ATM and payment processing services, visitwww.co-opfs.org.
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 helps 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.