EFT Processing Fees Being Waived For 11 Credit Unions For 90 Days

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The CO-OP Network here has joined with Southwest Corporate FCU, Plano, Tex., in waiving all EFT processing fees for 90 days for 11 member credit unions affected by Hurricane Katrina in Louisiana, Alabama and Mississippi.

"We're doing everything we can, as quickly as possible, to help our credit union friends in areas damaged by this disaster," said Francis Lee, CEO of Southwest Corporate. CO-OP Network CEO Stan Hollen noted that the two companies continue to be hampered in trying to contact CUs in the affected areas.

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