ONTARIO, Calif. – It seems it pays to be a CO-OP Network shareholder these days. For the second time this year, CO-OP Network, the largest credit union EFT network, has issued a patronage distribution to shareholders. This latest disbursement of $1,130,400 brings the combined patronage distribution for the calendar year to a total of $3,260,740. "Earlier this year, CO-OP Network realized a significant gain as a result of the sale of a portion of Concord EFS stock," said CO-OP Network President/CEO Robert Rose. "This activity, coupled with our record-setting transaction volumes and the merger with Midwest ATM Company have further strengthened our financial position and allowed the board to declare this unprecedented special distribution to shareholders." The CO-OP Network has more than 12,000 ATMs located in 49 states and as of October 2001, the total number of transactions for the year has exceeded 370 million with the total number of credit unions swelling to 780.

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