Payment Services CUSO Pays $300,000 Refund
Cooperative Services Inc. said it capped off 2009 on a positive note by paying its credit union owners a $300,000 patronage refund.
The Duluth, Ga.-based CUSO said its transition to branch capture in the last year coupled with collaborations with other states for image technology had significantly influenced savings. The CUSO sees EFT, network and shared branching activities as opportunities for growth in 2010 and beyond.
CSI provides payment services to more than 140 CUs.