RANCHO CUCAMONGA, Calif. — CO-OP Financial Services said yesterday it has completed the acquisition of Members United Corporate FCU's Share System ATM and dbeit processing CUSO.
CO-OP is the largest credit union-owned debit processor, aggregating volume to optimize credit union value; and CO-OP already has a significant presence in the midwest, in Indiana.
"We look forward to continuing the SHARE SYSTEM program for clients with no material change and providing the same great local service from the SHARE SYSTEM team, said Stan Hollen, president of CO-OP Financial. In addition, SHARE SYSTEM clients will be able to leverage scale economies through CO-OP as the largest credit union debit processor, and take advantage of the broad product set CO-OP can deliver.
