The Community Investment Fund – Investing in People Helping People
Corporate One shares the cooperative spirit by being a steadfast champion of the credit union movement, and a long-time supporter of the National Credit Union Foundation (the Foundation). In addition to holding our own $10 million deposit in a Community Investment Fund (CIF) investment in support of the Foundation’s work, Corporate One has partnered with the Foundation to provide a convenient way for credit unions to support the efforts of the Foundation and their own state/regional foundation by also investing in the CIF.
Investing in the CIF is easy, and unlike other CIF programs, membership capital in Corporate One is not necessary. Our investment options include securities, SimpliCD and Corporate One term certificates.
CIF Option Features
No membership capital in Corporate One is required.
Investment options include government-sponsored agency securities and/or federally insured CDs
$50,000 minimum investment to participate, with the credit union electing how much of their earnings to be split between the Foundation and their state/regional foundation.
Investing in the CIF is as easy as 1 – 2 – 3
Contact a Corporate One licensed investment representative at 800/366-2677.
Based on your credit union’s asset/liability strategy, a Corporate One representative will assist you in the purchase of a CIF investment to fit your credit union’s needs.
Fifty percent of the investment income will be split with the Foundation, who will then split equally with the state foundation or league of your choice.
All securities are offered through Multi-Bank Securities, Inc. (MBS). The home office of MBS is located at 1000 Town Center, Suite 2300, Southfield, Michigan 48075. MBS is registered with the Securities and Exchange Commission (SEC) as a broker-dealer under the Securities Exchange Act of 1934. Member of FINRA and SIPC.
For early withdrawals, a market-based penalty will be assessed to cover the estimated replacement cost of the certificate redeemed.