Co-op Solutions Press Archives

November spending trends: Consumers remain cautious as economy improves

RANCHO CUCAMONGA, CA (December 19, 2023) — Amid largely positive economic results, U.S. consumers are taking a cautious “wait and see” approach to the holiday shopping season. Within Co-op’s credit union clients’ payment portfolios, both Credit and Debit transaction volumes fell month over ...

Co-op Solutions takes home ‘Fintech Company of the Year’ honors

RANCHO CUCAMONGA, CALIFORNIA (November 20, 2023) — Credit union payments fintech Co-op Solutions took home “Fintech Company of the Year” honors in the annual Prometheus Awards, held November 2 in Des Moines, Iowa. Organized by the Technology Association of Iowa (TAI), the program annually recognizes ...

October spending trends: Economy cools as rate hikes finally take hold

RANCHO CUCAMONGA, CA (November 16, 2023) — It seems the Fed’s aggressive campaign to raise borrowing rates is finally having its desired effect on the economy, with job gains slowing markedly in October and inflation continuing to ease. Within Co-op’s credit union clients’ ...

August spending trends: Cooler days, and heads, prevail

RANCHO CUCAMONGA, CA (September 19, 2023) — As Fall approaches, spending is showing signs of cooling with consumers tightening their grips on their wallets.  Job growth continued its steady upward trend in August, as employers added 187,000 jobs, above estimates. The largest gains were ...

Alliance CU finds member-centric, technology-driven partner in Co-op Solutions

RANCHO CUCAMONGA, CA (August 2, 2023) — With greater member convenience, access and product customization as its goals, ALLIANCE Credit Union has selected Co-op Solutions as its partner to provide In-House Credit and Debit transaction processing, and ATM Terminal Driving services. “We were looking for ...