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CO-OP helps CU launch low-income program
RANCHO CUCAMONGA, Calif. (7/9/09)--Express CU, Seattle, has launched a program to reach low- and moderate-income individuals. It also has partnered with CO-OP Financial Services to provide ATM access and shared branching for cash transactions. Express CU has deployed four community member service representatives to 16 Seattle non-profit organizations to help the underserved access financial services. Visitors to the non-profits can open accounts, deposit checks, apply for loans and receive financial help. The representatives also will provide basic financial education and referrals to formal programs offered through their non-profit partners. Cash transactions are not supported at the non-profit locations, so CO-OP will offer ATM access and shared branching. CO-OP has a network of 28,000 ATMs nationwide--with 1,000 ATMs in Washington. CO-OP’s partnership with Express CU also expands the number of branches that members can use--to 18 locations in Seattle and 155 in Washington. CO-OP Financial Services is a credit union service organization based in Rancho Cucamonga, Calif. Express CU has $8 million in assets.


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