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Co-Op Network takes on 55 new clients, tops 100 in '09

July 26, 2009

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. 

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