CO-OP Financial Services has announced a partnership with two Wisconsin CUSOs through which it will be able to consolidate the offering of its shared branching and fee-free ATM network as well as other services.
The partnership is with WCUL Services Corp. and Wisconsin Credit Union Shared Service Centers Inc., the payments CUSO announced.
WCUL of Pewaukee, Wis., and WCUSSC of Greenfield, Wis., said they will market CO-OP products to more than 210 Wisconsin-based credit unions, with more than 2.2 million members.
CO-OP offers services that maximize member convenience and operational efficiencies for credit unions, CO-OP said.
WCUSSC already offers CO-OP Shared Branching, CO-OP Member Center and CO-OP E-Commerce Solutions. With the new agreement, WCUL and WCUSSC will also promote CO-OP Network and CO-OP Payment Processing services.
“This is a great example of credit union-owned entities collaborating to enhance opportunities for credit unions to strengthen relationships with their members,” said Brett Thompson, president of the Wisconsin Credit Union League.
“The surcharge-free ATM network and payment processing options are tremendous compliments to the growing shared branching network we already offer through CO-OP,” said Rick Hagopian, president of WCUSSC. “The partnership between WCUSSC, WCUL and CO-OP provides even more ways for Wisconsin credit unions to stay connected with their members.”