RANCHO CUCAMONGA, CA (October 28, 2020) — Results of the NACUSO Next Big Idea 2020 competition show that the spirit of innovation – as well as the cooperative spirit – of the credit union movement is advancing full-speed in spite of the pandemic. “The Final Four” to ...
RANCHO CUCAMONGA, CA (October 26, 2020) — Amazon Prime Day was three months late in 2020, but welcome all the same, with total transactions and dollar amounts on Amazon increasing by more than 51 percent for both credit and debit charges compared to 2019. According ...
RANCHO CUCAMONGA, CA (October 12, 2020) — As the pandemic recession continues, consumers are shifting their purchasing behaviors from debit to credit. September transaction data across the CO-OP Credit and Debit portfolios shows that credit purchase activity is picking up after months of depressed volume, ...
RANCHO CUCAMONGA, CA (September 30, 2020) — RVA Financial FCU has expanded its partnership with CO-OP Financial Services to perform In-House Credit services, in addition to re-signing with the company to provide Debit and PIN processing and ATM Terminal Driving. “RVA Financial was looking for ...
RANCHO CUCAMONGA, CA (September 21, 2020) — Consumer preference for a single provider and addressing “financial fragility” as a source of dissatisfaction are among the key findings of a new study suggesting credit unions are strongly positioned in the current marketplace. To help credit union ...
RANCHO CUCAMONGA, CA (September 15, 2020) — The waning days of summer saw a continuation of the credit and debit trends of recent months. Shifts in consumer behavior were comparatively modest between July and August, as consumers solidified their purchasing routines for the post-COVID “new ...
RANCHO CUCAMONGA, CA (September 9, 2020) — UMe Credit Union approached the end of its existing card processing agreement, the institution set as a goal, “aligning with a vendor who is forward-thinking in terms of technology, but also, who truly wants to be a partner ...
RANCHO CUCAMONGA, CA (August 26, 2020) — Personal finance journalist Jean Chatzky is a fierce advocate for financial literacy. On September 17 she will transfer her talent for “making money make sense” to the credit union attendees of the THINK Master Class, “Designing Your Financial ...
RANCHO CUCAMONGA, CA (August 24, 2020) — Rudy Pereira, President/CEO of Premier America Credit Union of Chatsworth, California, has joined the Board of Directors of CO-OP Financial Services, elected to a three-year term during the company’s Annual Meeting of Shareholders held August 18. ...
RANCHO CUCAMONGA, CA (August 17, 2020) — Year-over-year spending during the month of July inside the CO-OP Credit and Debit portfolio increased for the first time since the COVID-19 pandemic began. Credit transaction volume increased 1 percent while the total dollar amount of those transactions ...
RANCHO CUCAMONGA, CA (August 6, 2020) — The ongoing need for physical distancing and remote working – and the limited ability of members to transact in-person – is making the adoption of person-to-person payments by credit unions more essential than ever. To support members with their distance ...
RANCHO CUCAMONGA, CA (July 27, 2020) — Member spending continued to climb back to pre-COVID levels during the first two weeks of July; transaction volume within the CO-OP debit portfolio was almost exactly level with the same period last year while the dollar amount of ...
RANCHO CUCAMONGA, CA (July 15, 2020) — CO-OP Financial Services is announcing the schedule for its THINK Virtual events, headed by three flagship THINK Forums to be hosted by Jean Chatzky of NBC’s Today Show. Keynote speakers at these events will include Taco Bell ...
RANCHO CUCAMONGA, CA (July 13, 2020) — As lockdown restrictions were lifted and businesses began opening back up in June, consumer spending rebounded. Looking at spending within CO-OP’s own Credit and Debit portfolio, overall debit and credit transactions were down 2 percent and 5 ...
RANCHO CUCAMONGA, CA (July 9, 2020) — As consumers continue to engage remotely and aggregate their financial lives from a multitude of apps and institutions, there is significant opportunity for credit unions to shift their strategic approach and win members through their daily exercise of ...
