Westerra Credit Union

Westerra CU Chooses CO-OP Credit From CO-OP Financial Services

RANCHO CUCAMONGA, Calif. (June 29, 2011) – Westerra Credit Union has chosen CO-OP Financial Services for credit card transaction processing as part of a program to increase member use of its credit cards, and achieve greater operational efficiency and cost-savings.

Based in Denver, Colo., Westerra CU has total assets of $1.2 billion, making it the 144th largest credit union in the United States. The credit union is now using CO-OP Financial Services for both credit and debit processing.

“Our members have high expectations for the products, services and value they receive from their credit union,” said C. Alan Peppers, President/CEO of Westerra CU. “CO-OP Financial Services has proven to us they share these same high standards. CO-OP has an established track record, has proven very reliable and is responsive to our members’ needs. By consolidating under one card processer, we are able to streamline our systems and take advantage of volume discounts.  CO-OP understands how important it is to us to grow our credit card products, usage and member rewards – and they show a real commitment to helping us accomplish this goal. ”

With CO-OP Credit, CO-OP Financial Services offers clients the simplicity and lower processing costs of a bundled debit and credit solution. CO-OP Credit is an internal credit processing solution provided through a single connection to the host and delivered with the same CO-OP fraud, chargeback and credit union servicing processes used for debit and ATM program support.

For more information on CO-OP Credit processing, contact the Business Development department of CO-OP Financial Services at 800-782-9042, ext. 7140, or via e-mail at: BusinessDevelopment@co-opfs.org.

About CO-OP Financial Services Based in Rancho Cucamonga, Calif., CO-OP Financial Services is the industry leader in access and convenience products for credit unions. Nearing 30 years of credit union service, CO-OP connects credit union members to their accounts through network, payment processing, e-commerce, shared branching and call center services. With more than 3,000 credit union members, 30 million cardholders, 28,000 surcharge-free ATMs, 4,200 shared branch locations and more than two billion annual transactions, CO-OP Financial Services is the nation’s largest credit union service organization, offering the tools, counsel and leadership to help credit unions prosper. To learn more, visit www.co-opfs.org. Follow CO-OP on Twitter at: http://twitter.com/COOPFS and keep up with industry issues via the CO-OP Insight Vault blog at: http://co-opinsightvault.com.

Cover Stories: WESTERRA CREDIT UNION NAMED PRESENTING SPONSOR FOR ...

“Westerra is proud to be the season sponsor for the Colorado Rapids because we share a commitment to our local community and the kind of teamwork it takes to produce excellence,” said Westerra Credit Union President/CEO C. Alan Peppers. “Like the Rapids, our goal is to continue to build on our strong record. We believe more can be accomplished by working together—and this partnership provides many opportunities for us to make a difference through community and educational initiatives.” Based in Denver , Westerra Credit Union is open to anyone who lives or works in the 5-county Denver metro area. Westerra holds the top 5-Star rating for financial institutions. The relationship represents a highly comprehensive partnership between the Rapids and Westerra Credit Union and includes a number of elements, including increased community involvement focusing on the Rapids Youth Academy, Colorado youth soccer initiatives and education; the presentation of the very successful Rapids and Commerce City “4th Fest” celebration at Dick’s Sporting Goods Park, exclusive new benefits and opportunities for Westerra members to win tickets to matches and receive special offers; new Rapids and Westerra Credit Union composite logo on all television and print ads; presenting the 2011 magnetic schedule give away at the April 3rd home match vs. D.C. United; and in-stadium recognition. The sponsorship will also extend to the 2012 and 2013 seasons with the Rapids. Financial terms of this deal were not disclosed per club policy. About Westerra Credit Union – Celebrating its 77th anniversary in 2011, Denver-based Westerra Credit Union holds approximately $1.2 billion in assets and serves 85,000 members through its branch locations across the Denver metro area. The credit union serves the state’s two largest school districts—Jeffco Public Schools and Denver Public Schools—Safeway Corporation, City of Aurora, and all who live or work in Adams, Arapahoe, Denver, Douglas and Jefferson counties. Westerra holds the top 5-Star rating for financial strength by www.bauerfinancial.com. For more information, visit www.westerracu.com.

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