CO-OP Financial Services' acquisition of Members UnitedCorporate FCU's SHARE SYSTEM ATM and debit card program iscomplete, the two organizations announced today.
|"We look forward to continuing the SHARE SYSTEM program forclients with no material change and providing the same great localservice from the SHARE SYSTEM team," said Stan Hollen,president/CEO of CO-OP Financial Services.
|Members United announced it was selling the division to theRancho Cucamonga, Calif.-based CO-OP March 15, calling SHARE SYSTEMvaluable to members, but unsustainable over the long term.
|In today's release, CEO Joseph Herbst praised CO-OP forretaining Members United employees, saying the decision promotesconsistency of service and value to MUCFCU members.
|The acquisition added nearly 70 new payment processing creditunions and more than 100 ATMs to the CO-OP network, Hollen said atthe time of the purchase.
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