CO-OP Financial Services announced the retirement of Jim Hanisch, president of CO-OP Network, where he has spent the last 19 years of his career. Hanisch was named to his current position in April 2018, and is responsible for the CO-OP ATM and CO-OP Shared Branch networks. He will remain in this position until June 2. Beyond CO-OP, Hanisch has been a key industry leader, including past chairman of the Electronic Funds Transfer Association and a member of the Federal Reserve Faster Payments Task Force. Following his retirement, oversight of the CO-OP ATM and CO-OP Shared Branch networks and the product lines associated with them will continue to be managed by operations and product leadership teams within CO-OP Financial Services, spokesman Bill Prichard said. CO-OP has two offices in the Des Moines area, which are part of a nationwide company that provides payments and financial technology to credit unions. The company, which processed 7.6 billion payment transactions last year, employs about 1,600 people nationwide.