Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
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.


RSS print
News Now LiveWire
In just over a year, @SaveToWinWA generates more than $1M of savings in 6 #creditunions http://t.co/rszMd0SZVv
45 minutes ago
Even the pest guy is a cybersecurity risk: http://t.co/Tqq4qfOgcq
1 hours ago
.@SCTelco_FCU among best places to work in S.C. via @TheCCUL http://t.co/PJnjOArfm8
3 hours ago
#IceBucketChallenge in D.C. today: @HampelBill with help from some @CUNA staff http://t.co/3iOqE2KSjd
3 hours ago
P2P mobile payments draw millennials' interest via @BloombergNews http://t.co/uoO2anjCsV
5 hours ago