AVON, Conn.-COCC, a CUSO that provides core technology services, said it is paying a "product and services credit" to client CUs of $755,000. The credit is intended to help clients implement the latest banking products and technologies at a reduced cost, the company said. Since COCC issued its first product and services credit in 2009, the total credits issued to clients has risen to more than $3,000,000.
"Our co-operative ownership structure and mission make our clients our first priority, a strategy that continues to yield outstanding growth and success," said CEO Richard A. leone.
Since 2009, COCC said the product and service credits have resulted in purchases of productivity-boosting technologies, such as mobile banking, CRM, document management, remote deposit capture, and image ATMs. For info: www.cocc.com.