Wednesday, Aug. 7, 2013 – (Farmers Branch, Texas) In a move that reflects the growing CO-OP business line, CO-OP Financial Services and Credit Union Resources, Inc., are announcing an expansion of their partnership offering CO-OP access and convenience products to credit unions.
CU Resources provides business solutions for credit unions throughout the country. In addition to renewing their collaboration on CO-OP products they already offer, CU Resources will now also represent CO-OP Signature and PIN Debit transaction processing, and CO-OP Credit for in-house (pass-through) credit card transaction processing.
“CU Resources is a great partner in our mutual goal of helping credit unions be the most convenient institutions in financial services today,” said Stan Hollen, president/CEO of CO-OP. “Their endorsement of CO-OP Debit, Credit and Sprig by CO-OP is a significant development in our ability to make these products available to the market.”
“CO-OP has added a wide range of new products in recent years that are of value to our credit unions,” said Bob Gallman, EVP/COO of CU Resources. “Whenever we endorse a product or service, we conduct a rigorous due diligence process to ensure it provides the best benefit and value for the price. CO-OP products definitely meet the standard of our tag line ‘Your Business, Our Focus, Expert Solutions.’ After many years of association, we know with CO-OP as a partner we are in the best position to do that.”
CU Resources and CO-OP have partnered on CO-OP Shared Branching since 2004. The two companies also work together to offer CO-OP Network, a national network of surcharge-free ATMs for members of participating credit unions; CO-OP Member Center, for lending and member call center support; CO-OP Mobile for banking by mobile device; Sprig by CO-OP, a multi-institutional “virtual credit union branch” available with no implementation fee to CO-OP Shared Branching participants; and CO-OP My Deposit Mobile for remote check depositing.
For more information, visit www.curesources.coop and www.co-opfs.org.
About Credit Union Resources, Inc.
The goal of Credit Union Resources, Inc. is to be the leading provider of business solutions for the credit union community. The company is a wholly-owned subsidiary of the Cornerstone Credit Union League, and their motto says it all...Your Business, Our Focus, Expert Solutions. To learn more, visit www.curesources.coop.
About CO-OP Financial Services
Founded in 1981, CO-OP Financial Services 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, card payments, and mobile/virtual. To learn more visit www.co-opfs.org.