Credit Union Servicer Signs Deal with NCR

Co-op Financial Services announced a partnership Monday with the automated teller machine maker NCR Corp. to offer a suite of managed services to credit unions that want to outsource their automated teller machine operations.

Co-op, of Rancho Cucamonga, Calif., the nation's largest credit union service organization, said the managed services would be available early in 2010.

The suite of services includes hardware, software and service upgrades, along with implementation support, cash management and terminal monitoring.

Credit unions will have options to add features including check imaging, content distribution and other functions, said Co-op, which operates the surcharge-free ATM network, Co-op Network.

NCR, of Duluth, Ga., will continue to handle ATM sales, deployment and servicing as part of the integrated package, Co-op said.

"The partnership between NCR and Co-op Financial Services is focused on helping credit unions increase operational efficiencies and reduce the cost of support services associated with maintaining an ATM network," said Stan Hollen, Co-op's president and chief executive, in the organization's press release.

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