CO-OP Financial Services reported Wednesday it processed more than three billion electronic funds transfer and shared branch transactions by credit union members in 2014, which established a new annual record for the CUSO.

Last year's record transaction volume was an 8% increase from 2013, according to the  Rancho Cucamonga, Calif.-based organization.

CO-OP Financial said the record set in 2014 means it is hitting new milestones at an accelerated pace.

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.

Payments/Credit/Debit