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Revenue increases for data processor COCC
AVON, Conn. (2/10/09)--COCC, a data processor that provides services for financial institutions, announced that its revenues increased 9% in 2008 to $59.6 million. Average client ratings were “excellent” for the 23rd consecutive quarter, the company said. The company increased its account processing clients by 12, ending 2008 with 170 clients. It also sold 274 strategic products last year. COCC’s largest client, HarborOne CU, Brockton, Mass., upgraded to the .Net version of COCC’s core account processing system. The credit union’s 15-year-old system took three years of development to rewrite, COCC said. COCC has tripled the number of products offered to financial institutions in Illinois, New Jersey, Ohio, Pennsylvania and Tennessee since Richard Leone became president/CEO in 2002, the processor said. COCC is headquartered in Avon, Conn.


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