CO-OP Looks To Play Role With Corporates

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RANCHO CUCAMONGA, Calif. – As the next few years unfold and NCUA pursues its plan to create “bridge” corporates as a means of executing its vision for the role the agency sees corporates eventually playing, CO-OP Financial Services said it will be seeking to play a role.

“After many years of partnering with the corporates, we reaffirm our confidence in the corporate system and believe it is still valid and valuable to the movement,” said Co-Op CEO Stan Hollen in a statement. “CO-OP will continue to pursue an active role in the future of credit union payments, and we will seek partnerships to fulfill that goal with corporate credit unions and the natural-person credit unions that comprise their owner-members.”


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Corporate credit unions