RANCHO CUCAMONGA, CA (October 20, 2021) — The U.S. continued its fitful post-pandemic recovery in September, as credit union member spending trends for the month reflected a largely “business as usual” trend. Meanwhile, issuers and merchants anticipate a busy fall highlighted by an early ...
RANCHO CUCAMONGA, CA (October 4, 2021) — OnPath Federal Credit Union (www.BeOnPath.org) is expanding its partnership with CO-OP Financial Services (www.coop.org) by joining CO-OP ATM network, further enabling the credit union to meet its members wherever and however they want to ...
RANCHO CUCAMONGA, CA (September 27, 2021) — CO-OP Financial Services has launched its solutions and technology roadmap for 2022, addressing the fast-changing consumer preferences for digital technologies that accelerated in the wake of the pandemic. The roadmap keys on the need for credit unions to ...
RANCHO CUCAMONGA, CA (September 16, 2021) — As the U.S.’s post-pandemic recovery continues, consumers are beginning to shift their purchasing behavior from debit to credit, while increasing their spending in retail and specialty merchant categories like sports and recreation. Those are a few ...
RANCHO CUCAMONGA, CA (August 19, 2021) — As it has been for much of the past year and a half, the U.S.’s path to economic recovery in the wake of COVID-19 can be described as uncertain and tenuous, at best. Although CO-OP Financial ...
RANCHO CUCAMONGA, CA (August 11, 2021) — CO-OP Financial Services has been named among the “2021 Achievers 50 Most Engaged Workplaces®” by Achievers, a provider of employee voice and recognition solutions. In making the announcement, Achievers President and CEO Jeff Cates said that CO-OP and ...
RANCHO CUCAMONGA, CA (July 26, 2021) — Consumer spending continued to heat up in June as the weather turned warmer and the economy continued to open. Merchant categories like dining, entertainment, lodging, camping, home improvement and gas all continuing to grow, while categories like digital ...
RANCHO CUCAMONGA, CA (July 13, 2021) — Credit union payments fintech CO-OP Financial Services today announced an expansion of its support for the African-American Credit Union Coalition (AACUC) by committing to a five-year corporate sponsorship. Through this long-term commitment, CO-OP will work with the AACUC ...
RANCHO CUCAMONGA, CA (July 6, 2021) — Following a year of exponential growth in e-commerce, it’s no surprise Amazon’s annual Prime Day shopping holiday exceeded expectations. Total sales surpassed $11 billion, an all-time high for the massive e-commerce event, according to Adobe. Transaction ...
RANCHO CUCAMONGA, CA (July 2, 2021) — The major payments trends of 2021 continued in May, with travel-related categories like lodging, camping and fuel showing a sustained upward swing alongside other hot segments like dining and home improvement. With more retail stores, dining establishments and ...
RANCHO CUCAMONGA, CA (June 18, 2021) — Following sharp growth across numerous payment categories in March, spending was flat or slightly up in April. The broader availability of vaccines to more adults and now teens led to a shift in the spending categories away from ...
RANCHO CUCAMONGA, CA (June 9, 2021) — New research conducted by EY and commissioned by CO-OP Financial Services finds that 88 percent of credit union members are now digitally engaged with their financial services providers. However, those providers are not necessarily credit unions and banks. ...
RANCHO CUCAMONGA, CA (June 1, 2021) — Benson Porter, President/CEO of BECU, based in Tukwila, Washington, is now Chairperson of CO-OP Financial Services, elected during a Board of Directors meeting held May 20, immediately after CO-OP’s 40th annual Shareholders meeting. “I congratulate Benson ...
RANCHO CUCAMONGA, CA (May 17, 2021) — CO-OP Financial Services is expanding its payments solution ecosystem for credit unions with the rollout of digital card issuance for credit and debit cards. Available immediately, the solution is part of the company’s ongoing commitment to creating ...
RANCHO CUCAMONGA, CA (May 5, 2021) — If credit unions are to thrive in a post-pandemic era, the industry needs to rethink everything, including the traditional credit union business model. This is the consensus among change agents from both inside and outside the movement, each ...
