With two new credit union partners, CO-OP Financial Services is continuing its push into debit processing and ATM management.
St. Mary's Bank, the oldest CU in U.S., said it will start processing its debit card transactions with CO-OP. Its debit card program includes about 21,000 cards and nearly 203,000 monthly transactions, according to the CUSO in Rancho Cucamonga, Calif.
“We selected CO-OP Financial Services for debit processing after a thorough due diligence process,” said Ronald Covey, president/CEO of St. Mary's. “The bottom line for us was that the features and functionality of the CO-OP debit program were strong; it made financial sense for us and we selected a company that embraces credit union core values, which was very important to us.”
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