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Purchase of Members United SHARE SYSTEM by CO-OP final
WARRENVILLE, Ill. and RANCHO CUCAMONGA, Calif. (6/24/10)--Members United Corporate FCU, Warrenville, Ill., and CO-OP Financial Services have completed CO-OP’s purchase of SHARE SYSTEM from Members United. The purchase was announced March 15. CO-OP was selected by Members United as the new provider of SHARE SYSTEM because it serves more than 3,200 credit unions for network, debit processing, shared branching and call center services. CO-OP already has a significant presence in Indiana--in the Midwest, where Members United is located, said the corporate. Members United Corporate FCU has $9.5 billion in assets. CO-OP Financial Services, Rancho Cucamonga, Calif., is a credit union service organization that provides shared branching and ATM services.
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