Co-op Solutions News Archives

Meet our new CEO, Dean Michaels

Meet our new CEO, Dean Michaels

Co-op Solutions’ more than 1,800 employees – dedicated to the success of credit unions – are led by Dean Michaels, who was promoted to President/CEO on September 18. Previously serving as Chief Strategy Officer, Dean’[...]

AFTs offer new opportunity—and risks—for credit unions

AFTs offer new opportunity—and risks—for credit unions

Account funding transactions (AFTs) are growing in usage as consumers increasingly embrace digital payment services offered through PayPal, Venmo, Starbucks, Apple Pay and even Uber. For members, AFTs are a more efficient and convenient method [...]

Redefining financial wellness for your members

Redefining financial wellness for your members

What is the state of financial wellness in the U.S.? Per the latest data, it’s not good. According to research conducted by the Consumer Financial Protection Bureau (CFPB), more families had difficulty paying [...]

5 spending predictions for fall

5 spending predictions for fall

As the days become shorter and record-high summer temperatures finally begin to cool down, young students and their families naturally begin thinking about the return to school and college. Fortunately, the future looks bright as [...]

FedNow is coming. What does it mean for your credit union?

FedNow is coming. What does it mean for your credit union?

After nearly a decade of development, FedNow has finally arrived. Although there are several private-sector real-time payment options currently available, including the Real-Time Payments (RTP®) network and Zelle®, FedNow is the first U.S. instant [...]

3 ways AI and machine learning can boost your card portfolio

3 ways AI and machine learning can boost your card portfolio

According to Forbes Magazine, the global AI market is expected to grow by more than $500 billion between now and 2030, according to various studies. IDC, a market research firm, predicted that the AI market [...]

5 spending predictions for credit unions this spring

5 spending predictions for credit unions this spring

Spring is here and Co-op’s SmartGrowth experts are eyeing some spending trends that are poised to blossom over the coming months. To help your credit union plan ahead and capitalize on these emerging opportunities, [...]

Latest CU growth outlook research defines new member-centric model

Latest CU growth outlook research defines new member-centric model

Today’s consumers feel less financially secure than ever before. From rising interest rates and runaway inflation to job losses and bank failures, members are looking to their credit unions as beacons of stability among [...]