Monday, April 16, 2018
RANCHO CUCAMONGA, California – CO-OP Financial Services is announcing a patronage (shareholder dividend) pool of $30.5 million for fiscal year 2017, raising to $426.8 million the total patronage amount made available by CO-OP since becoming a cooperative in 1996.
“CO-OP made a tremendous investment in technology infrastructure and product innovation in 2017, in addition to acquiring TMG,” said Todd Clark, President/CEO of CO-OP. “The result is a strategic focus on offering solutions that deliver a personalized, seamless and secure experience for members to engage with their credit union. This vision was realized through the hard work of a new, dedicated and diverse leadership team from the two legacy companies and new hires as well. Our year of transformation was also a well-balanced one, enabling us to report a strong patronage to our 1,200 shareholding credit unions.”
Recent highlights among CO-OP’s activities reflect the company’s strategic priorities of client centricity, digital enablement and access, leveraging data intelligence and continuous improvement:
The Annual Meeting of CO-OP Shareholders will be held during the THINK 18 Conference in Chandler, Arizona. The meeting will take place at 12:30 p.m. local time on Wednesday, May 9. To register immediately for the THINK 18 Conference, visit www.co-opthink.org.
For more information, visit www.co-opfs.org.
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. CO-OP payments solutions, engagement services and strategic counsel help credit unions optimize member experiences to consistently provide seamless, personalized multi-channel offerings, while delivering secure, sophisticated fraud mitigation service. For more information, visit www.co-opfs.org.
Bill Prichard, APR, Director, Public Relations
CO-OP Financial Services
(800) 782-9042, ext. 3450
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