Cooperative Credit Union

What Cooperative Credit Union does

Cooperative Credit Union is a member-owned, not-for-profit credit union founded in 1937 and headquartered in a single branch at 313 West 9th St., Coffeyville, Kansas. It serves individuals and families in Coffeyville and surrounding areas with a full suite of consumer banking products: deposit accounts (savings, checking), consumer loans (auto, personal, home, credit cards), recreational vehicle financing (RV, boat, ATV/powersports, classic car), student loans (via SallieMae), and protection products (GAP insurance up to $50,000, credit life and disability insurance). An alternative lending product (CUALS) provides quick emergency cash access, and a children's financial education app (My First Nest Egg) extends the franchise beyond traditional banking.

The technology stack is built on third-party infrastructure rather than proprietary systems: online banking is delivered through Mobicint (mobicint.net/coo), the website is powered by OMNICOMMANDER, and mobile apps are available on iOS and Android. Auto loan acquisition is supported by the AutoLink vehicle shopping tool and Carfax vehicle history integration, creating a funnel from vehicle research to financing. Digital channels (website, online banking, mobile apps) supplement the single physical branch, and the institution relies on community presence and word-of-mouth rather than paid acquisition.

Revenue is generated primarily through loan interest income (auto, mortgage, personal, credit cards, recreational), insurance premiums (GAP, credit life), deposit account fees, and partnership/referral income from SallieMae student loans and CUALS alternative lending. As a credit union, profits are not distributed to outside shareholders; surpluses are reinvested in member rates, services, and the cooperative model. Competitive posture is anchored in NCUA insurance, Equal Housing Lender status, local community trust built over 87 years, and pricing on core products (auto loans as low as 2.00% APR, personal at 9.90%, home at 5.87%, credit cards at 12.90%).

Name

Cooperative Credit Union

Legal name

Cooperative Credit Union

Website

https://cooperativecu.com

Company type

Private

Founded year

1937

Operating status

Operating

Short description

Cooperative Credit Union is a member-owned, not-for-profit credit union founded in 1937 in Coffeyville, Kansas, serving local community members with consumer loans, deposit accounts, credit cards, recreational vehicle financing, and digital banking via Mobicint and mobile apps.

Ownership category

akta.pro rank

Product category

Retail Banking and Consumer Lending

NAICS

Credit Unions (52213)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

Keywords

• Consumer lending services
• Retail banking products
• Vehicle loan financing
• Deposit account services
• Credit union membership

Headquarters

HQ city

Coffeyville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Loan Interest Income: Interest income from vehicle loans (new and used autos, motorcycles, RVs, boats, ATVs), mortgage/real estate loans, personal loans, and credit cards. Primary revenue driver.
2. GAP Insurance Premiums: Guaranteed Asset Protection product covering deficiency due to total loss of motor vehicles up to $50,000 policy limit. Monthly premium income from members with qualifying auto loans.
3. Credit Life Insurance: Credit life insurance on qualifying loans that reduces or pays off eligible loan balance upon death. Available for low monthly premium to members.
4. Deposit Account Fees: Fees and services related to checking accounts, share accounts, and other deposit products for members.
5. Student Loan Partnership: Student loan products offered through partnership with SallieMae and CUALS, generating referral or partnership revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Cooperative Credit Union is a member-owned, not-for-profit financial cooperative operating in Coffeyville, Kansas since 1937. It provides consumer lending and retail banking products including auto loans (as low as 2.00% APR), personal loans, home loans, credit cards, recreational vehicle/boat/ATV loans, deposit accounts, and checking accounts. Insurance add-ons include GAP coverage and credit life insurance. Services are delivered through a physical branch, the Mobicint online banking portal, and mobile applications for iOS and Android.

Product overview

Cooperative Credit Union is a member-owned, not-for-profit financial institution serving Coffeyville, Kansas since 1937. The product portfolio centers on core lending products (auto loans, personal loans, home loans, credit cards, recreational vehicle loans, boat loans, ATV/powersports loans, classic car loans, and student loans) supported by insurance add-ons (GAP insurance, life/disability insurance). Digital banking services include deposit accounts, checking accounts, bill pay, loan calculators, and mobile banking through Mobicint platform. The credit union differentiates through specialized tools like AutoLink for vehicle shopping, CUALS alternative lending for quick cash needs, and My First Nest Egg financial education app for children. The architecture is a traditional credit union model combining in-branch services with digital self-service channels.

Differentiator

Problem solved

Functional benefit

Brands

• My First Nest Egg: A mobile application designed to teach kids healthy money habits in a digital world.
• CUALS
• AutoLink

Products and services

• Auto Loans Financing for new and used vehicles including cars and trucks, with competitive rates starting at 2.00% APR and quick approval for credit union members.
• Personal Loans Unsecured signature loans and share secured loans for personal financial needs, with rates starting at 9.90% APR for credit union members.
• Home Loans Mortgage and real estate financing for home purchases and refinancing, with rates starting at 5.87% APR for credit union members.
• Credit Cards Credit card products available to credit union members with competitive rates starting at 12.90% APR.
• Recreational Vehicle Loans Loans for RVs, motorhomes, and campers with various term options available to credit union members.
• Watercraft and Boat Loans Financing for boats and watercraft to enable members to purchase recreational marine vessels.
• ATV and Powersports Loans Financing for ATVs, motorcycles, scooters, and other powersports vehicles for credit union members.
• Classic Car Loans Specialized financing for classic and collectible automobiles for credit union members.
• Student Loans Student loan products offered in partnership with SallieMae to provide education financing options for members.
• GAP Insurance Guaranteed Asset Protection coverage that covers deficiency due to total loss of a motor vehicle up to $50,000 policy limit, available at low cost on qualifying auto loans.
• Credit Life Insurance with Total and Permanent Disability Benefit Credit life insurance on qualifying loans that reduces or pays off eligible loan balance upon death or total permanent disability, available for a low monthly premium.
• Deposit Accounts Savings accounts and deposit products for credit union members with competitive rates.
• Checking Accounts Free checking account options with online banking access and bill pay services for credit union members.
• Bill Pay Service Online bill payment service for members to manage and pay their bills conveniently through the credit union's online banking platform.
• Reorder Checks Service for credit union members to conveniently reorder checks for their checking accounts.
• CUALS - Credit Union Alternative Lending Alternative lending solution providing quick access to cash for emergencies and unexpected expenses with fast approval for credit union members.
• My First Nest Egg App Mobile application designed to teach children healthy money habits in a digital world, available on iOS and Android via Apple App Store and Google Play Store.

Quantifiable outcome

• Auto loans as low as 2.00% APR
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• SallieMaecoreStrategic or Co-development PartnerStudent loan partnership offering education financing options to members through SallieMae's student loan products and services.
• CUALS (Credit Union Alternative Lending Solutions)coreStrategic or Co-development PartnerCredit Union Alternative Lending Solutions provides quick access to cash for emergencies or unexpected expenses. Alternative lending product for members needing quick cash access.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Consumers Cooperative Credit Union: Member-owned cooperative credit union serving retail and consumer members with similar community-based lending and deposit products. Highly comparable by name, cooperative structure, and consumer-focus orientation.
• Bellco Credit Union: Colorado-based member-owned credit union serving consumer and small-business members with deposit accounts, auto loans, and mortgages. Comparable cooperative model and full-service community banking focus.
• Connexus Credit Union: Member-owned community credit union offering auto loans, mortgages, and consumer banking products with a community-led GTM motion. Comparable in cooperative structure and consumer-lending focus.
• Service Credit Union: Member-owned community credit union offering consumer lending, deposit accounts, and digital banking with a community-led acquisition model. Comparable in cooperative structure and consumer product mix.
• Together Credit Union: Member-owned community credit union providing retail consumer lending, mortgages, and deposit products with a community-led GTM approach. Comparable by cooperative ownership and consumer-banking orientation.
• Truliant Federal Credit Union: Member-owned community credit union offering consumer loans, mortgages, and deposit products with a multi-branch community-led model. Comparable by cooperative structure and product breadth.

Regional players

• Credit Union of America: Wichita, Kansas-based community credit union providing auto loans, mortgages, and consumer banking. Geographic peer with overlapping product mix and member-owned structure.
• Wheat State Credit Union: Kansas-based community credit union offering consumer loans, mortgages, and deposit products. Geographic peer operating a similar community-focused lending model within the state.
• CommunityAmerica Credit Union: Kansas-headquartered member-owned credit union serving the Kansas City metro and surrounding areas. Geographic peer with comparable member-owned model and full lending/deposit product set.
• Maze Credit Union: Kansas-based community credit union offering consumer lending and deposit services to a similar geographic profile. Direct geographic peer for community/member-focused banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cooperative Credit Union