<p>ONTARIO, Calif. – The CO-OP Network has made a record patronage distribution of $3,022,773 for 2001. The cash disbursement to shareholders, equal to 65% of net income from operations after taxes, is a 4% jump from last April. "2001 was an amazing year for us, a period that included a merger with the Midwest ATM Company, the addition of 6,500 ATMs through an agreement with Access Cash, first-time entries into seven states and two Canadian provinces and a 33% increase in ATM transactions," said CO-OP Network President/CEO Robert Rose. CO-OP Network has 813 credit union members, 12,000 surcharge-free ATMs, and nearly 11 million cardholders.</p>

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.