X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AVON, Conn. – COCC says it had its best quarter ever, signing 38 new service agreements with 26 financial institutions in the first three months of 2005. The agreements cover a range of services, including core processing, financial management, branch image capture and risk management. Six of those agreements were with new clients, including $289 million Freedom Credit Union in Springfield, Mass., and $50 million Stamford Federal Credit Union in Connecticut. The other 20 were with existing core processing users who added more services, and included $1.1 billion HarborOne Credit Union in Brockton, Mass., $68 million Holyoke CU in Holyoke, Mass., and $80 million Cambridge-Portuguese CU in Somerville, Mass. The former Connecticut Online says it now has 135 clients, 36 of them credit unions. The 38 agreements included four core processing contracts, seven for branch image capture, seven for Oracle financials and four for CRM services, with the other 16 for automated risk prevention, network services and Internet security. “Until a few years ago, we limited sales of our strategic products such as check imaging, secure networking, financials and electronic banking products to core clients,” says Steve Kayser, COCC’s senior vice president of marketing. “We now market these and other strategic products to all financial institutions, regardless of the core systems they use.”

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?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.