Value Proposition
Credit unions nationwide have come to trust Corporate One as their investment and liquidity partner because we know their business and understand the strategies and regulations involved in credit union investing. Our strategic alliance with Multi-Bank Securities, Inc. (MBS) allows credit unions to experience maximum investment opportunities, including access to securities and negotiable CDs. Further, through a branch of MBS at Corporate One, members can also sell securities to generate liquidity.
Securities offerings through MBS:
- U.S. Treasury securities
- U.S. Agency bonds
- Negotiable CDs
- Mortgage-backed securities
- Mutual funds
- Collateralized mortgage obligations
- Corporate notes and bonds
- Commercial paper
Benefits
- Enjoy complete and timely access to a wide selection of new issue agencies
- Fill any gaps you may have with extensive secondary offerings at institutional prices
- Have our experts analyze a particular security you're considering for purchase
- Obtain competitive bids on securities you wish to sell
- Work with the same qualified investment representatives who handle your SimpliCD and Corporate One investments
- Seamless safekeeping opportunity through Alaska USA Trust
Features
- No wire fees (except for mutual funds)
- Securities in your account are priced by an independent pricing service
- Online access to your account includes access to past activity, positions, balances, statements and confirms
- Monthly statements provide accrued interest calculations. Detailed monthly/quarterly statements provide information you can use for financial reporting
- MBS FINRA Broker-Dealer CRD number is 22098
What are negotiable CDs?
Negotiable CDs are term deposits issued by the Federal Deposit Insurance Corporation (FDIC) insured banks or NCUA insured credit unions and are underwritten by the Financial Industry Regulatory Authority (FINRA) registered Broker/Dealers. Similar to traditional CDs, negotiable CDs are often considered a preferred investment alternative for investors concerned about the safety of their principal and the continuity of predictability of cash flows. Unlike traditional CDs and similar to other securities, negotiable CDs are issued in book entry form and use the CUSIP system for identification and trading in the Primary and Secondary markets. Negotiable CDs are offered with numerous terms and structures to meet your investment needs, including bullets, callable CDs and variable and step-up CDs. Terms range from 90 days to 30 years.
Disclaimers
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.