September 2016, Southington, Conn. – Freedom 1st Credit Union, located in Dayton, Ohio, has selected COCC as their new provider for core processing services.
Founded in 1961, the $33M non-profit, member-owned financial cooperative has three branches in Ohio and has dedicated its business to providing a safe and convenient place to save and borrow money. They plan to upgrade to COCC’s INSIGHT system to support their more than 6,000 members. “It was time for Freedom 1st to bring a more robust system into the credit union as we continue to grow, and we feel COCC will be an integral part of our growth,” said Deborah DeVous, CEO and Manager. “COCC’s system will give us access to many new features and enhancements that we were not able to utilize in the past.”
The credit union is similar to COCC as the business is owned by its members. COCC and Freedom 1st operate with comparable standards and have parallel core values, which resonated deeply with the credit union. DeVous says, “In just the short two months since beginning to work with COCC, I’ve already built a relationship that I feel is genuine on a professional level and personal level. We were given a wonderful reference from a financial technology company and other financial institutions on the COCC system. The pieces just all fell together.”
“We are thrilled to be expanding our reach in the Ohio area, as well as the chance to work with another credit union,” said Richard A. Leone, President & CEO of COCC. “Our best-in-class products and services and our flexible system are perfectly catered to the needs of these community-oriented institutions, and it is truly a pleasure to partner with them.”
About Freedom 1st Credit Union
Since 1961, Freedom 1st has been providing saving and borrowing services for its members, ensuring safety and satisfaction with every transaction. Some of the services they provide are second mortgage and home equity lines of credit, student loans, auto loans, recreational loans, real estate loans, debt consolidations and share secured loans. The credit union offers these services to residents in the Northern Montgomery or Preble Counties in Ohio and employees of over 80 companies included in the Select Employer Group of Freedom 1st Credit Union. One of the biggest benefits Freedom 1st provides is being a lifetime member; once you become a member you will remain a member for life, no matter where you live or what company you work for.
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 the fastest growing financial data processing company in the United States and recognized as a leader in delivering innovation and the quality service financial institutions demand and deserve.