CO-OP Financial Services Renews Relationship With LEVERAGE

RANCHO CUCAMONGA, Calif.—CO-OP Financial Services has renewed its long-standing partnership with LEVERAGE, the service arm of the League of Southeastern Credit Unions & Affiliates, which will offer select CO-OP products and services to credit unions.

Under the new five-year agreement, CO-OP products to be represented by LEVERAGE include CO-OP ATM, the company’s surcharge-free network of 30,000 ATMs nationwide; signature and PIN debit transaction processing; ATM terminal driving (control and management); and other services.

“We have worked closely with CO-OP since 2008 to offer credit unions a comprehensive set of products to ensure convenience for the member and operational efficiency for the institution,” said Patrick La Pine, president/CEO, LEVERAGE. “Partnering with CO-OP enables us to continue offering best-in-class products and services to our credit unions in Alabama and Florida, as well as the rest of the country.”

“LEVERAGE is the go-to resource for equipping credit unions not only in Alabama and Florida, but throughout the country with the tools needed to succeed,” said Stan Hollen, president/CEO, CO-OP. “We look forward to working with LEVERAGE for many more years so that their credit unions remain the very best financial services option.” 

LEVERAGE is among 45 CO-OP business partners, including service organizations, leagues and core processors, which endorse or resell CO-OP products and services, CO-OP stated. These products include CO-OP ATM, CO-OP Shared Branching, transaction processing services, on-line bill pay and mobile/virtual products.

During 2015, CO-OP set a new record for EFT and shared branching transactions processed, with the total reaching 3.2 billion for the year.

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