RANCHO CUCAMONGA, Calif. – CO-OP Financial Services reported it received 101 new credit union contracts for its payments products and services during the third quarter of 2009, averaging more than one new contract every day for three months.
The company said the number of contracts for the third quarter equals CO-OP’s total for the first six months of the year, bringing the company’s total for the first nine months of the year to 202.
“At CO-OP, we focus on account access and convenience solutions, which are keys to credit unions becoming the primary financial institution of their members,” said Stan Hollen, president/CEO of CO-OP Financial Services. “The strong quarter reflects the heavy investment we have made in 2009 to provide the tools they need to succeed.”
The contracts were received from credit unions in 27 different states and the District of Columbia. Leading all product sales in the third quarter were 68 agreements for access to CO-OP Network, its network of 28,000 surcharge-free ATMs for members of participating credit unions.
