RANCHO CUCAMONGA, Calif. (5/11/15)--CO-OP Financial Services made two announcements regarding financial assistance--one charitable and the other operational--at last week’s THINK 15 conference in Colorado Springs, Colo.
A total of $100,000 was raised in donations to Children’s Miracle Network Hospitals at the conference., ncluding $77,500 from Transaction Network Services Inc.
“The six-figure amount donated to CMN Hospitals during THINK 15 is a testimony to the people-helping-people ethic of credit unions,” said Stan Hollen, CO-OP Financial Services president/CEO. “It’s not just a slogan; people in this industry really are committed to the well-being of others.”
Also at the conference, CO-OP announced the details of its EMV subsidy program.
CO-OP will waive its EMV processing implementation fee for all CO-OP in-house credit and debit processing credit unions.
For credit unions that also use CO-OP for plastics, the company will also waive the EMV plastics implementation fee and up to two BIN implementation fees for credit unions using CO-OP’s generic card program.
CO-OP estimates the program will save clients a total of $9.1 million.