RANCHO CUCAMONGA, Calif. & TALAHASSEE, Fla. — The twobiggest credit-union owned ATM networks in the U.S. each postedstrong years in 2007.

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CO-OP Financial Services, the parent CUSO for the credit unionowned CO-OP Network reported that the network had a triple recordyear, with records set for the most transactions in a single day(6, 278,731 on Dec. 24), month (154 million in December) and year(1.6 billion).

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“CO-OP has evolved from its roots as solely an ATM network tobecome the nation's largest credit union EFT network andprocessor,” said Stan Hollen, CEO of the California based CO-OP.“While the ATM business is still at the heart of our organization,nowadays, our innovative EFT services, strategic partnerships andgrowing membership also play a significant role in allowing us toachieve astounding transaction figures.”

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Credit Union 23, the credit union owned ATM and point of saletransaction network headquartered in Tallahassee, reportedprocessing 213.8 million transactions in 2007, a new annual recordand posting a 15% increase in transaction volume over last year.The network also reported adding 27 new credit unions to thecooperative in 2007, including $4.5B Alliant Credit Union and $1.6BTower Federal Credit Union.

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