SECU extends partnership with CO-OP to enhance member experience
SECU also consolidates transaction processing for greater efficiency
RANCHO CUCAMONGA, CA (January 7, 2019) — Seeking to provide a better member experience and greater convenience while gaining operational efficiencies, SECU of Maryland is expanding its long-standing partnership with CO-OP Financial Services to include ATM terminal driving and ATM/debit processing.
“SECU places our members above everything else and we strive to make their experience at the ATM fast and intuitive,” said David Sweiderk, President & CEO of SECU. “We have partnered with CO-OP for many years to provide the most technologically advanced services to our members. We look forward to expanding the partnership to continue to improve our technology and provide additional functionality that enhances services for our members.”
In addition to utilizing CO-OP ATM Terminal Driving services, SECU is consolidating from two transaction processors to one for a more efficient operation. Combining ATM and debit processing with CO-OP will enable SECU to optimize operations, reduce costs and enhance security.
“We want our members to be able to conduct business at merchants and online quickly and securely using their debit card, which makes CO-OP the right choice,” said Sweiderk.
SECU currently partners with CO-OP in CO-OP ATM, a nationwide network of 30,000 ATMs offering surcharge-free access to members of participating institutions. Headquartered in Linthicum, Maryland (www.secumd.org), SECU is ranked by MX.com as the 58th largest credit union in the U.S. with $3.6 billion in assets under control and about 260,000 members.
About CO-OP Financial Services
CO-OP Financial Services is a payments and financial technology company whose mission is ensuring the success of the credit union movement. CO-OP payments solutions, engagement services and strategic counsel help credit unions optimize member experiences to consistently provide seamless, personalized multi-channel offerings, while delivering secure, sophisticated fraud mitigation service. For more information, visit www.co-opfs.org.