RANCHO CUCAMONGA, Calif. -- CO-OP Financial Services has introduced a service intended to free credit union staff from daily ATM terminal maintenance.
The CO-OP ATM Management was created to administer all ATM upkeep and maintenance. Features include telecom equipment installation coordination and ongoing support, communication protocol knowledge with TCP/IP, dial-up, leased line and wireless options
The new service also includes hardware and software management, cash support and replenishment, emergency cash deliveries, adjustments at individual machines, deposit processing and first- and second-line maintenance.
CU ATM Services, a 2007 joint venture between CO-OP and CU Anytime, is providing the new service.
House Votes to Honor the
First Credit Union in U.S.
WASHINGTON -- By a voice vote, the House of Representatives approved a resolution last Tuesday honoring the founding of the first American credit union 100 years ago.
Credit unions have "exemplified the American values of thrift, self-help and volunteers, carving out a special place for themselves among the nation's financial institution," according to the measure, sponsored by Reps. Carol Shea-Porter and Paul Hodes (both D-N.H.).
In his floor remarks Hodes praised credit unions for providing "an avenue for families struggling through these troubled times."
Rep. Shelly Moore Capito (R-W.Va.) praised credit unions for their efforts in educating members on financial literacy
Shea-Porter's district includes Manchester, the site of St. Mary's Cooperative Credit Association, which was formed on Nov. 24, 1908 by Canadian immigrants. Many of the customers worked in the local textile mills and had used credit unions in Canada since the first one was formed there in 1901. America's Credit Union Museum is housed in the former offices of the St. Mary's.
The resolution notes that St. Mary's and other credit unions "played an instrumental role in helping hard-working Americans recover after the Great Depression."
A similar resolution has been introduced in the Senate by Sens. Judd Gregg and John Sununu (both R-N.H.).