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Red River partners with CO-OP Financial on processing, ATMs ahead of services rollout

Red River Credit Union has partnered with CO-OP Financial Services for debit and full-service credit processing and participation in the CO-OP ATM network. 

The Texarkana, Texas-based credit union said the partnership comes ahead of several new services it has planned o roll out this year, including the introduction of a reward program, contactless cards, P2P payments through Zelle and card controls and alerts. 

"We feel that CO-OP is on the forefront of innovation and technology, which is in line with what Red River is trying to achieve," Brad Bailey, president and CEO of Red River CU. “It is going to get tougher to compete for financial services, especially for payments, and we are confident is positioning itself to help us meet and beat the competition."

Red River serves 111,000 members in Texas, Louisiana and Arkansas and recently surpassed the $1 billion mark. CO-OP ATM is the nation's largest credit-union owned ATM network, with 33,000 machines nationwide.