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FIRST ENTERTAINMENT CU
updated 05/18/16 02:32 PM
First Entertainment CU has announced the appointment of Frank Wasson as its new president and CEO. He will assume responsibilities on June 13, 2016, and will succeed Chuck Bruen, recipient of the Leo H. Shapiro Lifetime Achievement Award, who will remain as an executive consultant.

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From the Editors of CU Weekly

CO-OP COMMENTS ON VISA, FIRST DATA
updated 02/27/14 03:08 PM
Thinks it’s an Industry Win-Win
CO-OP Financial Services’ business partners—Visa and First Data (STAR Network)—announced an agreement to share Visa’s common debit solution offering issuers, acquirers, and merchants an approach for debit EMV chip adoption.

CO-OP commented on this industry development, stating “Like STAR, CO-OP is among the leading PIN debit networks in the Debit Network Alliance working to provide a structure for the common deployment and implementation of the debit EMV standard. One of the ways this can be accomplished is through agreements with other networks, such as the Visa-STAR agreement.”

Currently, many of CO-OP’s clients are STAR participants. CO-OP also supports STAR’s agreement with Visa, and is actively working to provide similar functionality in the marketplace.

 
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