Our History

COCC’s story is rooted in collaboration and innovation. As community banks embraced technology, COCC evolved to meet their changing needs. For over 50 years, this commitment has driven customer success through trusted partnerships and forward-thinking solutions.

Keep reading to explore the milestones, challenges, and breakthroughs that have shaped COCC’s journey in the financial technology industry.

1967
1967
1967 COCC Opening
COCC Opens for Business

The first office is located in Hartford, CT. Fifteen clients convert to deposit services.

1972
1972
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COCC Moves to Avon

Headquarters moved to Avon Park North, tripling the size of its original Hartford location.

1973
1973
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Online NOW

  • COCC becomes the first data center to offer online real-time processing for NOW accounts.
  • COCC gains national recognition as Massachusetts banks sign up, doubling the client base.

1976
1976
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First System Migration

  • All clients migrated to new online software running on new hardware.
  • COCC adds account maintenance functions plus new reporting.

1980
1980
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Client Report Cards

First data center to introduce a client report card rating system to measure service quality.

1987
1987
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Launch of Check Processing Services

  • COCC expands its service offerings with the introduction of check processing.
  • The first credit union successfully converts to the new platform

1988
1988
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Strategic Acquisition of WMCC

  • COCC strengthens its regional presence by acquiring Western Massachusetts Computer Center (WMCC).
  • This expansion brings 20 new clients and welcomes 18 WMCC staff members into the COCC family, enhancing service capabilities and expertise.

1997
1997
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Celebrating 30 Years of Excellent Service

Acquisition of open core processing platform from Open Core Solutions, Inc. and introduction of check image statements and internet banking services.

1999
1999
1999 - National Recognition for Y2K Readiness
National Recognition for Y2K Readiness

  • COCC earns national acclaim for its comprehensive Year 2000 testing and documentation efforts.
  • The company’s Y2K preparedness model is officially endorsed by the FDI.
  • Additionally, COCC introduces Oracle Financials, enhancing its financial management capabilities.

2002
2002
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Rich Leone Elected President & CEO

  • Market expanded to include New Jersey, Ohio and Pennsylvania.
  • New services introduced, including a robust suite of commercial services

2003
2003
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Full Client Migration & Industry Recognition

  • COCC becomes the first financial data processing center to successfully migrate all clients to an open core platform—an achievement featured as a cover story in MicroBanker magazine.
  • The company also acquires CUVision of Rochester, NY, further expanding its client base and capabilities.
  • Client satisfaction reaches record levels, reflecting COCC’s commitment to innovation and service excellence.

2005
2005
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Industry-Leading Check Image Conversion

  • COCC converts its first clients to check-image processing, setting a new standard for the industry.
  • The company also enhances its security and operational efficiency with the implementation of anti-money laundering systems and automated patching solutions.

2007
2007
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Celebrating 40 Years of Excellence

  • COCC marks four decades of outstanding service with record-breaking earnings and exceptional client satisfaction ratings.
  • The company continues to innovate with the introduction of Document Management and Business Process Management systems.

2010
2010
Innovation in Cash Management & Technology

  • COCC launches its Cash Management Services, expanding its suite of financial solutions.
  • It becomes the first data processing center to implement solid-state disk technology, setting a new benchmark for performance and reliability.
  • COCC also partners with ComputerShare and is honored with the prestigious CTO25 Award for technology leadership.

2011
2011
Recognized as a Top Workplace & Expanded Services

  • COCC is named a Top Workplace by The Hartford Courant and FOX TV, reflecting its strong culture and employee satisfaction.
  • The company launches INSIGHT Apps, enhancing client access to real-time data and analytics.
  • COCC also partners with Verafin to deliver advanced AML services (FRAML), and introduces free check image duplicate detection.

2012
2012
2012 Betsy Didan Women in Banking Award
Voted Best Bank Technology Provider

  • COCC is voted the #1 bank technology service in Massachusetts by readers of Banker & Tradesman, affirming its leadership in the industry.
  • Betsy Didan is recognized for her impactful work in reducing paper usage and enhancing the speed and security of payments.
  • COCC also earns accolades in the CT Top Workplaces competition, winning “Most Clued-In Senior Management” and placing 3rd overall.

2013
2013
Expanding into Mobile Banking

  • COCC launches iBanking, an integrated mobile and internet banking solution, marking a major step into digital banking.
  • Dave Christie is named CFO of the Year by the Hartford Business Journal.
  • COCC earns multiple workplace honors, including:
    • Connecticut’s Best Places to Work by the Hartford Business Journal
    • Top Workplace by The Hartford Courant
    • Second consecutive Best Banking Technology award from Banker & Tradesman

2014
2014
2014 New COCC Headquarters
New Headquarters & Brand Evolution

  • COCC opens its new headquarters in Southington, Connecticut, featuring a state-of-the-art training center designed to foster collaboration and innovation.
  • The company unveils a new logo and collaboration-focused branding, reinforcing its commitment to client-centered solutions.
  • COCC is named a Top Workplace in Connecticut for the fourth consecutive year by The Hartford Courant.

2015
2015
2015 Rich Leone is honored as a Top Leader in the midsized company division by The Hartford Courant/FOX CT
Continued Recognition & Innovation

  • President & CEO Rich Leone is honored as a Top Leader in the midsized company division by The Hartford Courant/FOX CT.
  • COCC earns its fifth consecutive Top Workplace award, placing third in the midsized companies division.
  • The company wins Gold and Silver Awards in Banking Technology and Accounting/Audit, respectively.
  • Recognized by the Hartford Business Journal as one of the Best Places to Work in 2015.
  • COCC introduces an executive dashboard reporting product in partnership with SNL Banker.
  • Client satisfaction reaches 4.5 out of 5, and COCC hosts its 30th Annual Client Conference, celebrating three decades of client engagement.

2016
2016
Continued Growth & National Recognition

  • COCC launches its iBanking Call Center, enhancing support for digital banking clients.
  • For the fourth consecutive year, COCC is named one of Connecticut’s Best Places to Work by the Hartford Business Journal.
  • The company is an honored guest at the 2016 Association for Talent Development (ATD) International Conference & Exposition in Denver, Colorado.
  • COCC also receives its sixth consecutive Top Workplace award from The Hartford Courant, along with the “Most Clued-In Senior Management” designation for the second time.

2017
2017
2017 COCC 50th Anniversary
Celebrating 50 Years of Success

  • COCC commemorates its 50th anniversary, marking half a century of innovation and client service.
  • Dave Christie named as Executive Vice President.
  • COCC is ranked #1 Top Workplace in the medium-sized companies division by The Hartford Courant, highlighting its continued excellence in workplace culture.

2020
2020
2017 COCC 50th Anniversary
Swift Response to COVID-19 Pandemic

  • COCC successfully transitions majority of staff to a remote model in response to the COVID-19 pandemic and lockdowns.
  • Product teams quickly provide guidance and enhancements related to the Paycheck Protection Program (PPP) and loan forgiveness.
  • Recognized with Cigna Well-Being Award for second consecutive year.
  • Named a Hartford Courant Top Workplace for 10th consecutive year.

2021
2021
2020 annual report-front-cover- close up of laptop of employees on a video call meeting
Adaptation to Hybrid Workplace

  • COCC adopts a successful hybrid work model as adaptations to the COVID-19 pandemic continue.
  • Recognized as a Marcum Tech Top 40 Company and Inc. 5000 list.
  • Featured during CCUA Marketplace Monday, OBL Conference, and Maine Bankers 2021 Virtual Bank Expo.
  • COCC is certified as a nationally recognized Great Place to Work for the first time.
  • Recognized as a Top Workplace for the 11th consecutive year.

2022
2022
2020 annual report-front-cover- close up of laptop of employees on a video call meeting
Growing Our Culture & Clients

  • COCC continues recognition by the national Great Place to Work and Hartford Courant Top Workplace surveys.
  • Launches new Employee Resource Group (ERG) initiative.
  • Signs and converts several new clients.
  • COCC's Matt L'Heureux honored among Top Fintech Product Executives.
  • Named a Marcum Tech Top 40 Company and recognized by Business Intelligence Group's Stratus Award for Cloud Computing.

2023
2023
2020 annual report-front-cover- close up of laptop of employees on a video call meeting
Expanding Partnerships

  • COCC partners with Advanced Fraud Solutions, SentinelOne, Bankers Helping Bankers, and PayTech Women, as well as several new core clients.
  • COCC's first Corporate Leadership Development cohort graduates from Central Connecticut State University.
  • Recognized with the BIG Innovation Award, Great Place to Work certification, and Marcum Tech Top 40.
  • COCC is named the #1 Top Workplace in Connecticut in the large companies category by the Hartford Courant.

2024
2024
2020 annual report-front-cover- close up of laptop of employees on a video call meeting
Celebrating Achievements Together

  • COCC celebrates major milestones with employees, clients, and Third Eye Blind at the Oakdale Theatre.
  • Hosts new Amplify Conference at Mohegan Sun.
  • Partners with Accubranch, Clover, and ZSuite Technologies.
  • Wins BIG Innovation Award for Digital Banking, as well as Great Place to Work certification and the #1 Top Workplace spot in Connecticut for the second consecutive year.