CO-OP Financial Services announced a patronage (shareholder dividend) pool of $30.5 million for fiscal year 2017, raising to $426.8 million the total patronage amount made available by CO-OP since becoming a cooperative in 1996. The national credit union network acquired Clive-based TMG in April 2017 for $100 million from the Iowa Credit Union League. “CO-OP made a tremendous investment in technology infrastructure and product innovation in 2017, in addition to acquiring TMG,” said Todd Clark, president and CEO of CO-OP, which is based in Rancho Cucamonga, Calif. “Our year of transformation was also a well-balanced one, enabling us to report a strong patronage to our 1,200 shareholding credit unions.” The network’s annual meeting of shareholders will be held May 9 during its THINK 18 Conference in Chandler, Ariz.