With two new credit union partners, CO-OP Financial Services iscontinuing its push into debit processing and ATM management.

St. Mary's Bank, the oldest CU in U.S., said it will startprocessing its debit card transactions with CO-OP. Its debit cardprogram includes about 21,000 cards and nearly 203,000 monthlytransactions, according to the CUSO in Rancho Cucamonga, Calif.

“We selected CO-OP Financial Services for debit processing aftera thorough due diligence process,” said Ronald Covey, president/CEOof St. Mary's. “The bottom line for us was that the features andfunctionality of the CO-OP debit program were strong; it madefinancial sense for us and we selected a company that embracescredit union core values, which was very important to us.”

Founded in 1908 and based in Manchester, N.H., the cooperativeserves more than 62,000 members and has assets of $715 million.

The Phoenix-based TruWest Credit Union with nearly 60,000members and $766 million in assets, has also signed on to have itsfleet of 30 ATMs managed by CO-OP.

“We are looking to bring state-of-the-art ATM technology toenhance the member experience,” said Thomas Gessel, chieftechnology officer at TruWest. “The upgrades we have planned willhelp members be comfortable transacting their business 24 hours perday at an ATM, rather than needing to visit a teller. With 30 ATMs,we felt that the most economical and efficient way to achieve thisis having CO-OP handle ATM management for us.”

Gessel said CO-OP's ATM expertise will be valuable to the creditunion as it works to comply with the new requirements of theAmericans With Disabilities Act and Payment Card Industry DataSecurity Standards. ATM monitoring by CO-OP will also ensure thehighest possible ATM uptime, he added.

CO-OP ATM Managed Services' suite includes fleet consultationand financing, fleet maximization and innovation, fleet managementand coordination, and ATM payment processing. The CUSO serves 3,000credit unions.