California-based Co-Op Financial Services has announced the signing of 55 new contracts for participation in the Co-Op Network. Co-Op says it now has more than 100 contracts that cross multiple business lines.
Stan Hollen, Co-Op's president and chief executive, says the industry's and public's dissatisfaction with banks is opening new doors of opportunity for credit unions.
 | Co-Op products give members multiple ways to conveniently access their credit union accounts, contributing to the strong credit union story of financial stability, better loan and yield rates and superior service. |  |
About 3,000 credit unions, a third of all U.S. credit unions, participate in the Co-Op Network. Co-Op's surcharge-free ATM network includes 28,000 terminals, including credit union locations and retail outlets like 7-Eleven, Costco, Publix and Walgreens. Members can make deposits at more than 9,000 of those ATMs.
