The 107,000-member, $3.2 billion Lockheed FCU has signed on with CO-OP Financial Services for credit card processing.
CO-OP Financial Services said it is partnering with Diebold Inc. to offer CO-OP ATM Managed Services for credit unions.
Lockheed had a credit card portfolio of roughly 36,000 active accounts worth roughly $115 million in outstanding balances as of the end of 2011.
Aloha Pacific FCU recently announced it is expanding its relationship with CO-OP Financial Services to include debit processing and ATM terminal driving services.
Corporate Network eCom's mobile and online bill pay now part of California CUSO.
Financial transactions are increasingly happening in real time and so are the fraud attacks that naturally follow. To help fight that, CO-OP Financial Services is working this year to continue to move several hundred client credit unions to the real-time version of the widely used Falcon Fraud Manager neural network service...
In a move seemingly aimed at creating a payments CUSO large enough to compete with PSCU Financial Services, CO-OP Financial Services and the The Members Group have announced a cooperative marketing and product development partnership.
Chairman Debbie Matz says bids for payments operation "did not meet NCUA's responsibility to minimize service disruptions and impose the lowest possible cost."
ACH and related lines of business not included last week's eCom sale to CO-OP.
Announcement follows October bidding.