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Jack Henry adds 33 CUs in past year

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MONETT, Mo. (7/22/09)--Jack Henry and Associates announced that its Symitar division has added 33 new credit unions during the past year. Jack Henry is a provider of integrated technology solutions and data processing services for financial institutions. Symitar provides integrated computer systems for credit unions. The 33 credit unions will implement Symitar’s Episys or Cruise platform. The systems support diverse processing requirements and operating environments, Jack Henry said. Fifteen credit unions will install the systems in-house, while 18 credit unions will outsource their transaction and information processing. The newest credit unions include:
* Olean (N.Y.) FCU, $165 million in assets; * Brookland FCU, West Columbia, S.C., $3.6 million in assets; and * Meridian Trust FCU, Cheyenne, Wyo., $200 million in assets.

CO-OP Network wins 55 new contracts

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RANCHO CUCAMONGA, Calif. (7/22/09)--CO-OP Financial Services announced that it has won 55 new contracts for the CO-OP Network for surcharge-free ATMs. The agreements push CO-OP’s total number of contracts for the year to more than 100. CO-OP also has recorded new contracts for ATM processing, card services, shared branching, fraud protection/risk management and check imaging. “Nearly half of all our new contracts are for products other than the CO-OP Network, representing quite a change from where we were five years ago,” said Stan Hollen, CO-OP president/CEO. About 3,000 credit unions participate in the CO-OP Network, which offers access at 28,000 ATMs nationwide. The ATMs are located at credit unions and retail outlets such as 7-Eleven, Costco, Publix and Walgreens. CO-OP Financial Services is a credit union service organization based in Rancho Cucamonga, Calif.