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Teachers Credit Union joins Co-Op ATM with eye on future growth

TCU adds nearly 85 of its own ATMs to 30,000-strong nationwide network

RANCHO CUCAMONGA, CA (November 21, 2016) — Setting its sights on future growth, Teachers Credit Union (TCU), Indiana’s largest credit union, is partnering with CO-OP Financial Services to join CO-OP ATM, the nation’s largest credit union-owned surcharge-free network.

With nearly $3 billion in assets and 250,000 members, South Bend, Indiana-based TCU has added its nearly 85 ATMs to CO-OP’s network of 30,000 ATMs nationwide. This partnership will provide additional convenience to TCU members as the organization goes from offering members access to 5,000 surcharge-free ATMs in 42 states to 30,000 in all 50 states.

“Convenience is King”

“Anyone in the industry will tell you that convenience is king for individual members,” said Dan Rousseve, senior vice president and chief information officer for TCU. “And, while many aspects of convenience are moving online, our 250,000 members are telling us that ATMs are still as important today as they ever have been. Through our partnership with CO-OP, we’re laying the groundwork for future growth through expanded member services and convenience.”

“It’s this sort of attention to member wants and desires that has contributed to our stature as Indiana’s largest credit union,” Rousseve continued. “We can now proudly say that our members have access to more ATMs than those who conduct their business at any of the big banks. We look forward to using this partnership to provide services that make managing personal finances easy for our members.”

CO-OP ATM is the largest credit union-owned, surcharge-free ATM network. The network also provides participating credit unions with easy access to CO-OP ATM Innovations such as remote marketing and management, check imaging, advanced analytics and secure, cardless shared branching transactions. CO-OP ATMs can be found via the online locator https://co-opcreditunions.org/locator. CO-OP also offers members of client credit unions convenient access to accounts through digital and mobile banking offerings and the CO-OP Shared Branch network.


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.

About Teachers Credit Union

Teachers Credit Union (TCU) has grown to become Indiana’s largest Credit Union with nearly $3 billion in assets, 55 branches throughout the state of Indiana and Southwest Michigan, and more than 250,000 members. A financial cooperative owned by its members, TCU offers traditional financial services including checking, savings, mortgages and credit cards, as well as non-traditional services such as investment, insurance and travel services. And while financial service is an important part of contributing to a community, TCU’s 85-year history shows a commitment to going beyond this service and working to build a better community. For more information about TCU, visit tcunet.com.

Contacts

Bill Prichard, APR
Director, Public Relations
CO-OP Financial Services
(909) 532-9416
Bill.Prichard@coop.org

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