Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CO-OP Fin. Services reaffirms confidence in corp. system
RANCHO CUCAMONGA, Calif. (9/30/10)--CO-OP Financial Services announced its confidence in the corporate credit union system in a press release Tuesday after word of the National Credit Union Administration's (NCUA) actions Friday related to corporates. "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 Stan Hollen, president/CEO of CO-OP Financial Services. "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," Hollen added. The credit union service organization is "keenly interested in playing a lead role in the transition of bridge corporate payments-related activities to other credit union industry providers," he said. Hollen encouraged CO-OP's client credit unions and others in the industry to visit the website of the Credit Union National Association to keep up to date on the developments related to the corporate credit unions. CO-OP Financial Services' website also has information on its stand. Use the links for more information.
Other Resources

RSS print
News Now LiveWire
Goodwill Industries latest to report data security breach http://t.co/gIaXNsT4Bk
9 hours ago
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
11 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
11 hours ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
11 hours ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
12 hours ago