June 7, 2021 | Press Release

Financial Resources FCU Completes Conversion to COCC

SOUTHINGTON, Conn – COCC is proud to announce that Financial Resources Federal Credit Union, located in Bridgewater, NJ, has converted to COCC for its core banking technologies. COCC completed the conversion of the $522 million credit union in June. In addition to COCC’s INSIGHT core solution and iBanking for digital banking, Financial Resources will also leverage COCC’s mobile banking, online account opening, marketing analytics solutions and more.

“The technology, the people and approach were the right match for Financial Resources,” said Frank Almeida, President & CEO at the credit union. “Now we look forward to the next phase in the relationship.”

“We are excited to further our relationship with Financial Resources Federal Credit Union as they focus on putting their members first, something we pride ourselves in doing as a cooperative,” said Richard A. Leone, Chief Executive Officer of COCC. “Financial Resources is committed to creating quality relationships with satisfied members, which make us honored to be their technology provider.”

About Financial Resources Federal Credit Union
Financial Resources Federal Credit Union (FRFCU) whose headquarters is located in Bridgewater, New Jersey, has been in business for over 100 years.  The Credit Union was formerly the Ethicon Employees Federal Credit Union which was formed by a group of Johnson & Johnson employees. As one of the largest Credit Unions in New Jersey, it is a member-owned, not-for-profit cooperative. The Credit Union offers a variety of financial products and services to its members, and business services for its member companies, organizations, and the communities of Flemington, N.J., and the greater New Brunswick/Somerset, N.J. area. Public access branches are located in Bridgewater, Green Brook, Hillsborough, Jersey City and Flemington, New Jersey.

About COCC
COCC is an award-winning client-owned financial technology company servicing financial institutions throughout the Northeastern United States. Launched in 1967, COCC was founded by its clients. This unique cooperative structure has set COCC apart from the competition and is one of the driving forces behind their success. COCC is recognized as a leader in delivering innovation and the quality service financial institutions demand and deserve.

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