$136 million Arrha Credit Union has agreed to convert its core data processing systems to COCC’s core system, the financial technology company announced today.
Springfield, Mass.-based Arrha CU serves 11,000 members with sites in Springfield, West Springfield and Hadley.
“I’ve worked with COCC at another financial institution and when I became CEO of Arrha Credit Union, the opportunity to move to COCC as a core provider was one of my top priorities,” Michael Ostrowski, president and CEO of Arrha CU, said in a press release. “I knew their system and culture would be a perfect fit.”
COCC offers a technology suite and a commitment to flexibility, growth and customer service to attract credit unions and community banks.
“I am most impressed by COCC’s technology and how well the company is run,” Ostrowski said in the release. “Our partnership will allow us to meet our core technological needs which in turn meets the needs of our members.”
“We’re looking forward to Arrha Credit Union joining our cooperative,” said Richard A. Leone, Chief Executive Officer of COCC. “It’s an honor that Mr. Ostrowski, in his new role at Arrha, sought out the opportunity to continue to work with us. It really speaks to our collaborative spirit and the strength of our partnership.”