Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
CO-OP Financials patronage dividend totals 24.5 million
RANCHO CUCAMONGA, Calif. (4/23/08)--CO-OP Financial Services announced a patronage pool of $24.5 million for 2007, with a record cash disbursement of $13.3 million. “Many factors contributed to the 10% increase in cash distribution to our shareholders,” said Stan Hollen, CO-OP Financial Services president/CEO. “In 2007, we brought our members cost-savings with our 10th price reduction in 10 years. We also set another annual transactions record of 1.6 billion, thanks to partnering with Credit Union Service Corporation to operated CO-OP Shared Branching,” he said. The disbursement represents one cent per ATM and point-of-sale transaction. CO-OP, headquartered in Rancho Cucamonga, Calif., is a credit union service organization that operates CO-OP Network.


RSS





print
News Now LiveWire
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital http://t.co/rmJvi3MIpQ
7 minutes ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
4 hours ago
New @FICO score metric expected this week, will include utility payments http://t.co/l0hGhilMqQ
5 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
5 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
5 hours ago