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Recent News

04/19/2018 -- The traditional thought process is that public fund deposits, or deposits for government entities, are not available for most credit unions. However, public fund deposits are actually available to all federally insured credit unions. Per Call Report data, these deposits currently exceed $5 billion and have become an important funding source for credit unions. Read more

4/11/2018 -- In this ongoing, rising-rate environment, here are a few familiar strategies to consider for your credit union’s investment portfolio. These strategies aim to protect the portfolio from rising rates and help it benefit from investment opportunities. Read more.

4/5/2018 -- Corporate One’s February 2018 unaudited monthly financials are now available. View the February Unaudited Financials.

03/30/18 -- Corporate One is pleased to release its 2017 Audited Financials and Footnotes. With net income of $13.1 million in 2017, Corporate One continued to strengthen its capital position over the last year for the benefit of its membership. The Management's Discussion and Analysis of Financial Condition and Results of Operation will be released later in April. View Corporate One's 2017 Audited Financials.

3/16/18 -- Lee Butke, the President/CEO of Corporate One Federal Credit Union, has announced his upcoming planned retirement. Butke has been providing leadership to Corporate One for more than 25 years. Read More >

3/9/2018 -- Corporate One’s January 2018 unaudited monthly financials are now available. View the January Unaudited Financials.

02/28/2018 -- Spring is prime student loan season for many college students and their parents, and we’d like to let you know about some exciting changes coming to Sallie Mae’s Smart Option Student Loan® program.

02/21/2018 -- Let’s review a few strategies to consider this month as the FOMC continues to normalize interest rates and the global economy picks up steam.

02/14/18 -- Whether it’s our second annual national member leadership event later this fall, a free educational webinar, or a regional conference, don’t miss these special opportunities to engage with us, network with each other, and gain some valuable education.

12/27/2017 -- About a year ago, I discussed embracing social media as a resource tool to aid in a credit union's anti-money laundering (AML) compliance efforts. As a follow-up to that discussion, I would like to mention the top five reasons for the non-use of social media, as well as the importance of developing social media use policies and procedures. By becoming aware of the challenges to using social media, perhaps credit unions can make changes to overcome these challenges and take advantage of social media to boost their compliance efforts.

12/19/2017 -- Spreading funds around can be cumbersome for investors. Multiple accounts, multiple statements, multiple trips to financial institutions. In fact, we could say that all these multiple steps involved in placing funds is equivalent to the pain and annoyance of a root canal, especially for smaller businesses that might only have part-time volunteers running their organizations.

12/12/2017 -- This is the time of year when many credit unions are finalizing strategies, goals, and budgets for the upcoming year. And, as loan growth is typically the key component of all three of these activities, consideration must be made for how these assets will be funded. While member deposits and net worth remain the primary funding source for assets, credit unions are increasingly using non-member deposits.