RANCHO CUCAMONGA, Calif. (8/2/11)--The deadline for entries to the CO-OP THINK Prize 2012 is Aug. 31 for round-one applicants vying for the $10,000 grand prize. “The CO-OP THINK Prize is designed to initiate and reward new thinking on how to propel the credit union movement forward,” said Stan Hollen, president/CEO, CO-OP Financial Services. “We had a great inaugural competition in 2011 and we are looking forward to the 2012 contest once again serving as a conduit for the innovation and creativity of credit union employees.” Entrants must complete six short-answer questions in round one via the online form. The entries will be judged by representatives of CO-OP and the Filene Research Institute, with judging based on impact, creativity and shareability. After Aug. 31, 25 semi-finalists will be notified around Sept. 30. Semi-finalists will have until Nov. 30 to complete their round-two work. Three finalists will be named around Jan. 5, and the grand prize winner will be announced at the THINK 12 Conference in Boca Raton, Fla., on April 30. In addition to the $10,000 grand prize, the three finalists and one guest each will have round-trip travel and hotel accommodation costs covered for their attendance at THINK 12. The 25 semi-finalists will each receive a $150 gift card. In May, Matt Weidler of Evangelical Christian CU, Brea, Calif., won $10,000 in the 2011 inaugural CO-OP THINK Prize competition. With more than 3,000 credit union members, 30 million cardholders, 28,000 surcharge-free ATMs, 4,300 shared branch locations and more than two billion annual transactions, CO-OP Financial Services, based in Rancho Cucamonga, Calif., is the nation’s largest credit union service organization. For more information, use the link.