Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CO-OP completes eCom acquisition
RANCHO CUCAMONGA, Calif. (2/7/12)--CO-OP Financial Services has completed the acquisition of the assets of Corporate Network eCom, including its online and mobile bill pay services.

On Dec. 15, 2011, CO-OP Financial Services announced that it had received National Credit Union Administration (NCUA) approval to purchase the assets of eCom, a subsidiary of U.S. Central corporate credit union. At the time, CO-OP said it expected the purchase to close within 90 days.

CO-OP Financial Services was selected by the NCUA after a bidding process, required as U.S. Central Corporate CU was placed into conservatorship in March 2009.

All eCom employees will become employees of CO-OP Financial Services and continue to service eCom online and mobile bill pay clients. eCom, located in Lenexa, Kan., was founded in 1999. More than 750,000 credit union members use its electronic bill payment solutions.


RSS print
News Now LiveWire
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
12 minutes ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
12 minutes ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
1 hours ago
Worldwide #creditunion growth: Nearly 57K CUs now serve 208M members #NewsNow http://t.co/vrSv3Gvp7X
1 hours ago
July issue of @TheNCUA Report is now available at: http://t.co/UD8EP3vr2E.
4 hours ago