CO-OP Financial Services
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CO-OP Financial Services | |
Operating area | United States, Canada |
Members | 1,871 |
ATMs | 24,364 |
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Founded | 1981 (as CO-OP Network) |
CO-OP Financial Services, formerly known as CO-OP Network, is an interbank network connecting the ATMs of credit unions in the United States, with locations also in Canada and certain United States Navy bases overseas. It is the largest credit union-owned interbank network.[1]
Contents |
[edit] History
- 1981: The CO-OP Network begins, when 20 credit unions in California unite their 32 ATMs.
- 1986: The first CO-OP ATMs are deployed at 7-Eleven stores.
- 2002: The network includes its first Canadian member, CS CO-OP.
[edit] Shared branching
CO-OP Financial Services also provides what the company calls "shared branching", through its subsidiary Service Center Corporation, acquired in 2002. Members of 250 credit unions can bank at either one of the network's 2,056 branches. This system was founded in 1975 by five Detroit-area credit unions to minimize costs associated with having their own branches.[1]
[edit] References
[edit] External links
Interbank networks by region | |
Multiregional: | |
Africa: |
CashNet | Interswitch | SASWITCH |
Asia Pacific: |
1Link | ALTO | Artajasa | atm5 | ATM BCA | ATM Bersama | ATM BII (Superkasa) | BancNet | Bankline | Cashnet | CashTree | ENS | ETC | Expressnet | Himbara | JETCO | EPS | Link | MEPS | MegaLink | MITR | MNET | NFS | Nationlink | Sanwa | UnionPay | Yucho | FISC |
Caribbean: |
ATH | Midas | Unired |
Europe: |
4B | Altın Nokta | BankAxept | Bankomat | BKM | Cash Group | CB | DIAS | Eufiserv | Euronet | LINK | Multibanco | Ortak Nokta | Otto. | ServiRed | StarNet |
Middle East: |
123 | BANCS | Bankernet | CSC | JoNet | NAPS | OmanSwitch | Shetab | SPAN | UAE Switch |
North America: |
Abby | ACCEL/Exchange | Access 24 | Advantage | Alaska Option | Alert | Allpoint | Annie | ARN | Award | BankMate | BOH | Cash Station | Checkokard | CO-OP | Credit Union 24 | Credomatic | Discover Network | Easy Answer | Express | Express Teller | Fastbank | Gulfnet | HandiBank | Handy 24 | Honor | Instant Cash | Instant Teller | Interlink | Interac | Jeanie | KETS | LYNX | MAC | Magic Line | Member Access Pacific | Minibank | Money Belt | Money Network | MoneyMaker | Money Station | MOST | MPact | Networks | NYCE | Peak | Presto! | Pulse | Quest | RED | Red Total | SC 24 | Service Card System | SHAZAM | STAR | SUM | The Exchange | Transact | Transfund | TX Network | Tyme | Universal Money Center | Via | X-PRESS 24 | Yankee 24 |
South America: |
GlobalNet | Link | Redbanc | Telebanco | Unicard | Conexus | Suiche 7B | Banelco |
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