While affirming its confidence in corporate credit unions, CO-OPFinancial Services yesterday also made it clear that it was willingto offer its services to help CUs move to alternate paymentprocessors.
On the one hand, Stan Hollen, CEO of CO-OP Financial Services,said that CO-OP had worked with corporate credit for years and that"we reaffirm our confidence in the corporate system and believe itis still valid and valuable to the movement."
He also said CO-OP "will continue to pursue an active role inthe future of credit union payments, and we will seek partnershipsto fulfill that goal with corporate credit unions and thenatural-person credit unions that comprise theirowner-members."
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