AVON, Conn. – COCC, a cooperative that provides core technology services, said it is paying a “product and services credit” to client CUs of $755,000.
The credit is intended to help clients implement the latest banking products and technologies at a reduced cost, the company said. Since COCC issued its first product and services credit in 2009, the total credits issued to clients has risen to more than $3 million.
“Our co-operative ownership structure and mission make our clients our first priority, a strategy that continues to yield outstanding growth and success,” said CEO Richard A. Leone.
Since 2009, COCC said the product and service credits have resulted in purchases of productivity-boosting technologies, such as mobile banking, CRM, document management, remote deposit capture, and image ATMs. For info:
