CO-OP Financial Services will continue getting payment settlement services from Catalyst Corporate Federal Credit Union and the two organizations said they plan to expand their relationship.
CO-OP has been getting the service from Western Bridge Corporate. The NCUA in December awarded Catalyst the right to buy the conserved Western Bridge and its settlement services, which include check clearing, ACH, EFT and ATM transactions.
"The agreement expands the business partnership between CO-OP Financial Services and Catalyst, which also markets network access and other services from CO-OP," the Rancho Cucamonga, Calif., CUSO said in a statement.
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