CCO-OP Financial Services said Wednesday that it plans to return $25.9 million to its member-owners this year, a 73% increase over last year's $15 million.
The sharp growth in the fiscal year 2012 payback is due in part of the mergers, acquisitions and partnerships that CO-OP entered in at the end of 2011.
"Throughout 2012, we have been dedicated to making sure those investments contribute to a bright future for our movement," said Stan Hollen, president/CEO of the payments and processing CUSO based in Rancho Cucamonga, Calif.
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