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CU System
CO-OP joins Filene Chairmans Roundtable
MADISON, Wis. (1/23/09)--CO-OP Financial Services joined the Filene Research Institute’s Chairman’s Roundtable. Membership in the roundtable is open to organizations providing grants of $250,000 to the institute over a period of three years. The contribution will be used to fund Filene research focusing on growth opportunities and future business challenges affecting credit unions. “Our organization’s investment in the Chairman’s Roundtable demonstrates our strong tradition of supporting the growth of credit unions,” said Stan Hollen, CO-OP Financial Services president/CEO. “We are eager to work with the Filene board and staff in the spirit of research in the area of collaborative effort. This contribution will help give credit union leaders the tools they need to help their institutions grow and prosper.” Credit unions will succeed to the extent that they anticipate market demands of the future and arm themselves to win the battle for the hearts and minds of financial services consumers, Hollen added. Evolving challenges make support of the Filene Research Institute’s efforts critical to industry growth, he said. “CO-OP Network and CO-OP Shared Branching form the core of the network that serves as an extension of a member’s credit union,” Hollen said. “We’re grateful and delighted to accept this generous support of our research and innovation program,” said Mark Meyer, Filene executive director and CEO. “While the financial contribution is substantial, equally important is the formation of a partnership with a leading provider of products and services to our industry.” CO-OP Financial Services is the nation’s largest credit union-owned electronic funds transfer network and processor.
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