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$10,000 BEING DONATED TO TROPICAL STORM HARVEY DISASTER RELIEF BY CO-OP FINANCIAL SERVICES

By PaymentsJournal
August 29, 2017
in Press Releases
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Credit unions and financial service providers are once again demonstrating the importance of cooperative support networks during times of crisis. In response to the devastating impact of Tropical Storm Harvey, CO-OP Financial Services announced both financial assistance and expanded access to shared banking resources for affected credit union members. The effort highlights how shared branch and ATM networks can play a critical role in maintaining access to financial services and supporting business continuity during natural disasters.

Donation Made In Addition to Business Continuity Relief Through Nationwide CO-OP Shared Branch  And CO-OP ATM Networks, Available to Members of Participating Credit Unions

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is donating $10,000 to CUAid, organized to help credit unions and their members in Texas impacted by Tropical Storm Harvey. The donation augments the nationwide CO-OP Shared Branch and CO-OP ATM networks used extensively in credit union business continuity and recovery during times of disaster.

“Tropical Storm Harvey has dramatically reminded us that natural disasters can come upon us with amazing speed,” said Todd Clark, President/CEO, CO-OP Financial Services. “We have been proactively contacting clients in the impacted areas to assess needs and determine where we can help. The $10,000 donation on behalf of our client credit unions is one expression of that outreach, and available at all times to members of participating credit unions is our vast networks of branches and ATMs, ensuring access to accounts for those displaced by the flooding.”

CUAid is an online disaster relief system organized by the National Credit Union Foundation. Money raised is for credit union employees, volunteers and members affected by the powerful tropical storm.

To donate, CUAid can be found at www.cuaid.coop.

CO-OP Financial Services manages two industry networks that can service credit unions members throughout the country whenever they are away from home. The CO-OP Shared Branch network includes 5,600 credit union branches nationwide, the second largest branch network in the country, enabling members to enter any branch and conduct business as if they were right at home. In addition, CO-OP ATM provides access to 30,000 ATMs across the country, a network that includes 9,000 ATMs that accept deposits. In the state of Texas alone, CO-OP Shared Branch offers 293 branches and CO-OP ATM provides 1,522 ATMs.

To find a CO-OP Shared Branch or a CO-OP ATM, members can visit https://co-opcreditunions.org/locator; or, download the brand new CO-OP ATM and CO-OP Shared Branch mobile Locator app at Google Play and iTunes stores.

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 – serving more credit unions than any other provider and 60 million end-members. CO-OP’s ecosystem of payments and engagement solutions help credit unions consistently deliver seamless, personalized multi-channel offerings in a secure environment. For more information, visit www.co-opfs.org.

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