CO-OP Financial Services

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CO-OP Financial Services
Operating area United States, Canada
Members 1,871
ATMs 30,000
Founded 1981 (as CO-OP Network)

CO-OP Financial Services, formerly known as CO-OP Network and also known as CU Cooperative Systems, Inc., is a company that operates an interbank network connecting the ATMs of credit unions in the United States, with locations also in Canada and certain United States Navy bases overseas. It is the largest credit union-owned interbank network in the US.[1]

It is headquartered in Rancho Cucamonga, California.[2]


  • 1981: The CO-OP Network begins, when 20 credit unions in California unite their 32 ATMs.
  • 1986: The first CO-OP ATMs are deployed at 7-Eleven stores.
  • 2002: The network includes its first Canadian member, CS CO-OP.

Shared branching[edit]

CO-OP Financial Services also provides what the company calls shared branching, through its subsidiary Service Center Corporation, acquired in 2002. Members of 1,800 credit unions can perform most teller transactions at any one of the network's 5,200 branches. This system was founded in 1975 by five Detroit-area credit unions to minimize costs associated with having their own branches.[1]


  1. ^ a b CO-OP Financial Services Timeline & History
  2. ^ "Company Overview of CU Cooperative Systems, Inc". Bloomberg. Retrieved February 1, 2018.