CO-OP Financial Services rebrands as Co-op Solutions
CO-OP Financial Services, a California-based digital payments and technology company with operations in Greater Des Moines, announced it has rebranded as Co-op Solutions. The company’s rebranding, including a new name, corporate tagline and logo, represents Co-op’s ongoing evolution in payment and fintech services for credit unions, the company said in a release. “Over the last few years we have aggressively invested in the company to produce a payments and financial technology platform for credit unions and their members, bringing us to a rebranding as Co-op Solutions,” said Todd Clark, president and CEO of Co-op Solutions. “It’s a change on the outside that better captures the change that has taken place on the inside. Co-op is an essential strategic partner committed to the success and growth of the credit union movement, and a provider of innovative solutions ensuring our clients offer their members leading-edge technology and services.” Co-op in 2017 acquired Clive-based payments processing company TMG from the Iowa Credit Union League for $100 million. As part of the transaction, Co-op agreed to keep TMG’s 550-person workforce in place in Iowa for at least seven years.