CO-OP Financial Services Announces Retirement of Jim Hanisch

Distinguished Credit Union Movement Leader Presently Serves as President, CO-OP Network

5/18/20 RANCHO CUCAMONGA, California – CO-OP Financial Services is announcing the retirement of Jim Hanisch, President, CO-OP Network, following a distinguished career in the payments and financial technology industry, including the last 19 years with CO-OP.

Hanisch was named President, CO-OP Network, in April 2018, and is responsible for the CO-OP ATM and CO-OP Shared Branch networks, the most recognized brand-name credit union services in the industry. Hanisch will remain in this position until June 2.

“Jim is the longest serving member of our Executive Management Team, and I am the third CEO he has reported to during that time,” said Todd Clark, President/CEO of CO-OP. “During his tenure with CO-OP we have grown substantially – in 2001, we processed a grand total of 477.4 million payments transactions. In 2019, we processed 7.6 billion transactions. Quite an achievement.

“I am grateful for his partnership, thoughtful counsel and friendship over the nearly four years we have worked together so closely here at CO-OP,” Clark continued. “I congratulate Jim on the great legacy that is his career, and I hope the entire credit union movement will join me in wishing him well in retirement.”

Hanisch’s career with CO-OP began in 2000, but he has been involved with credit unions since the late 1970s and CO-OP since 1986. Hanisch led product development for the Connex platform while at Deluxe Data Systems (now FIS). 

Beyond CO-OP, Hanisch has been a key industry leader, serving on the Board – and as Past Chairman – of the Electronic Funds Transfer Association. He was also a member of the Federal Reserve Faster Payments Task Force, and has served on the Boards of RewardsNOW, Early Warning Systems, ResolverGroup, CUATM Services and Everlink. 

“Jim and I, and the entire CO-OP Executive Management Team, are working to ensure that our ATM and shared branch networks continue to have great leadership, so that our clients have what they need to serve their members under the unprecedented circumstances of COVID-19.” said Clark.

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