CCO-OP Financial Services said Wednesday that it plans to return $25.9 million to its member-owners this year, a 73% increase over last year's $15 million.
The sharp growth in the fiscal year 2012 payback is due in part of the mergers, acquisitions and partnerships that CO-OP entered in at the end of 2011.
"Throughout 2012, we have been dedicated to making sure those investments contribute to a bright future for our movement," said Stan Hollen, president/CEO of the payments and processing CUSO based in Rancho Cucamonga, Calif.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
