![]() ![]() “ Zelle furthers a credit union’s digital maturity while providing a payments experience that is fast, safe and easy every day.” “As we learn more about what members expect from their primary financial relationship, it’s becoming clear that lifestyle, not just life stage, is the lynchpin of member loyalty,” said Dragt. “ Zelle enables credit unions to support members in many ways consistently, both now as they adjust to the ‘new normal’ brought on by the COVID-19 outbreak, and going forward,” said Dragt. Partnering with Zelle is part of CO-OP’s mission to offer robust technology to ensure credit unions are able to support more member moments. Such is the interest level in Zelle, CO-OP has already signed up 15 more credit unions for the service.ĬO-OP’s Mission is to Help Credit Unions Capture More Member Moments CO-OP has always been a well-respected partner, and working with them has resulted in many efficiencies and improved experiences for our organization.” “ Zelle, in particular, brought speed to money movement, revolutionizing fast payment functionality. “P2P in all of its iterations has changed the way money moves, introducing convenience and speed to the money movement process,” said Stan Wootton, Digital Banking Manager, for Water and Power Community CU. Partnering with CO-OP to integrate Zelle into our digital banking solution was a great experience.” “ Zelle is a fast, safe and easy way for our membership to send and receive money. Three credit union clients are already live with Zelle through their work with CO-OP, including Wescom Credit Union ( and Water and Power Community Credit Union ( “ Zelle is an important part of our long-term payments and digital strategy,” said America Arevalo, Director, Electronic Services for Wescom CU. Three Credit Unions Now Live with Zelle Through CO-OP, 15 More Already Signed Up “ Zelle offers the day-to-day features members need and prefer to send and receive money, including fast funds availability.” “One of the biggest benefits of Zelle to a credit union is the potential it offers to support members as they increasingly rely on P2P payment technology to complete a variety of daily financial tasks,” said Bruce Dragt, Chief Product Officer for CO-OP. This positions CO-OP clients for fast, successful implementation. The CO-OP account-based technology represents a key differentiator, as it is already widely supported in the credit union marketplace by thousands of institutions and all major core processors. To support members with their distance banking needs now and in the future, CO-OP Financial Services is announcing today it is partnering with Zelle® to offer P2P payments to credit unions in the CO-OP ecosystem.Ĭlient institutions need only have CO-OP account-based technology in place and have the ability to offer Zelle within their mobile banking solution to get started. RANCHO CUCAMONGA, Calif.-( BUSINESS WIRE)-The ongoing need for physical distancing and remote working – and the limited ability of members to transact in-person – is making the adoption of person-to-person payments by credit unions more essential than ever. ![]()
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