COCC History

The story of COCC is one of collaboration. COCC evolved in response to the changing needs of community banks as computers began to take center stage in the financial services industry. Today, COCC continues to embrace this collaborative philosophy, transforming it into 50 years of immense customer success.

Keep reading to learn more about the milestones, challenges and breakthroughs that have shaped COCC for the past five decades.

COCC Milestones

1967 1967
1973 1973
1976 1976
1980 1980
1987 1987
1988 1988
1997 1997
1999 1999
2002 2002
2003 2003
2005 2005
2007 2007
2010 2010
2011 2011
2012 2012
2013 2013
2014 2014
2015 2015
2016 2016
2017 2017

1967

COCC Opens for Business

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

1973

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

First System Migration

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

1980

Client Report Cards

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

1987

Check Processing Services

COCC introduces check processing services.
First credit union converts.

1988

COCC Acquires WMCC

COCC acquires Western Massachusetts Computer Center.
Twenty new clients and 18 WMCC staff members join COCC.

1997

COCC Celebrates 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

Year 2000 Preparations Commended

COCC receives national recognition for year 2000 testing and documentation. COCC model endorsed by the FDIC.
Oracle Financials introduced.

2002

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

Client Migration Complete

COCC becomes the first financial data processing center to migrate all of its clients to an open core platform.
Featured in MicroBanker cover story.
CUVIsion of Rochester, NY acquired.
Client ratings reach record levels.

2005

Check Image

COCC converts its first check-image processing clients which become models for the industry.
Anti-money laundering and automated patches systems installed.

2007

40 Years of Outstanding Service

COCC celebrates its 40th year of outstanding service with record earnings and client ratings.
Document Management and Business Process Management systems introduced.

2010

Introduction of Cash Management Services

Becomes first data processing center to use solid state disks
Partners with ComputerShare
Wins CTO25 Award

2011

Top Workplace

The Hartford Courant and FOX TV name COCC a top workplace.
Introduction of INSIGHT Apps
COCC partners with Verafin for AML services (FRAML)
Introduction of free check image duplicate detection services

2012

Best Bank Technology

Readers of the weekly Banker & Tradesman newspaper vote COCC the number one bank technology service in Massachusetts.
Betsy Didan recognized for her work to reduce paper and increase the speed and security of payments.
COCC wins “Most Clued-In Senior Management” and 3rd place in 2012 CT’s Top Workplaces competition.

2013

Breaking into Mobile Banking

Releases iBanking integrated mobile and internet banking
Dave Christie named CFO of the Year by the Hartford Business Journal
COCC is named one of Connecticut’s Best Places to Work by the Hartford Business Journal, a Top Workplace by the Hartford Courant, and receives its second consecutive Best Banking Technology award from Banker & Tradesman.

2014

New Headquarters

COCC opens new headquarters in Southington, Connecticut, featuring an innovative new training center that will help achieve a truly collaborative approach to creating the most comprehensive solutions for our clients.
COCC introduces new logo and collaboration branding.
For the fourth consecutive year, COCC is named one of the Top Workplaces in Connecticut by the Hartford Courant.

2015

Top Recognition Continues

President & CEO Rich Leone named as a Top Leader in the midsized company division by the Hartford Courant/FOX CT.
For the fifth consecutive year, COCC is named a Top Workplace in Connecticut, placing third in the midsized companies division.
COCC wins 2015 Gold and Silver Awards in Banking Technology and Accounting/Audit, respectively.
COCC is honored by the Hartford Business Journal as one of 2015’s Best Places to Work.
COCC introduces executive dashboard reporting product, partnering with SNL Banker.
Client ratings reach 4.5 out of a possible 5.
COCC hosts its 30th Annual Client Conference.

2016

Continuing to Grow

COCC launches iBanking call center.
COCC is recognized for the fourth year in a row as one of the Hartford Business Journal’s Best Places to Work in CT.
COCC is an honored guest at the 2016 Association for Talent Development (ATD) 2016 International Conference and Exposition in Denver, Colorado.
For the sixth year in a row, COCC receives recognition as a Top Workplace in CT. COCC also receives the “Most Clued-In Senior Management” designation for the second year.

2017

50 Years of Success

COCC begins celebrations for its 50th anniversary
Joe Lockwood named President and Dave Christie named Executive Vice President

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