The agreement calls for EFD to continue to provide third-party EFT processing services including ATM network access, ATM processing, debit/card services and shared branching services to CO-OP Financial Services member credit unions across the country.

"CO-OP is dedicated to providing our membership with the latest products, knowledge and support. By delivering EFD's innovative, industry-leading processing services within our full-service payments delivery network, our member credit unions have the latest reliable EFT products and services available to help them compete, acquire new members and thrive in the emerging digital world," stated Stan Hollen CEO, CO-OP Financial Services. "We are pleased to extend our long-term relationship with EFD."

"Financial services companies rely on EFD to deliver proven, innovative solutions that address real business needs. As the largest credit union owned EFT network in the United States, CO-OP Financial Services is a great example of how our technology is helping our customers succeed," said Nelson Eng, President, EFD U.S. "We are excited to continue to partner with CO-OP and believe this extension will create many new opportunities for our companies and our customers."