Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

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
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
10 hours ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
12 hours ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
13 hours ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
14 hours ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
14 hours ago