Press Room - 2008 Archives

Corporate One Experiencing Record Year in Earnings

COLUMBUS, Ohio – Corporate One Federal Credit Union released its month-end financials today for November, and the numbers read very well for the corporate. Corporate One, with one month left to report, has already posted record-breaking earnings, after taking all anticipated “other than temporary impairment” (OTTI) charges on two bonds. Total earnings year-to-date, as of November 30, 2008 were $19.7 million, an increase of $6.1 million over last year. This makes 2008 the most profitable year on record for Corporate One.

Moody's report on Corporate One liquidity position is favorable

COLUMBUS, Ohio – After conducting a liquidity risk assessment, Moody’s Investor Services has affirmed Corporate One Federal Credit Union’s good liquidity position. Corporate One’s short-term rating is P-1, Moody’s highest rating designation.

Corporate One's short-term credit rating earns the highest P-1

COLUMBUS, Ohio – After conducting a liquidity risk assessment, Moody’s Investor Services reaffirmed Corporate One Federal Credit Union’s short-term rating as P-1, its highest rating designation, reflecting confidence in Corporate One’s liquidity position.

Corporate One Partners with CUSO, eDOC Innovations, Inc.

COLUMBUS, Ohio – Corporate One Federal Credit Union, a leading provider of financial products and services to the credit union industry, announced today that it has joined eDOC Innovations, Inc, (formerly Reed Data, Inc.) the nation’s leading CUSO for e-document strategies and a provider of electronic document management and electronic image and forward collection (Check 21) services. A third partner in eDOCs Innovations is CU*Answers, a CUSO made up of 76 credit unions that provides data processing, network services and check processing support to credit unions throughout the nation.

Corporate One Announces 2009 Credit Union EWRM Conference Date

COLUMBUS, Ohio – Corporate One Federal Credit Union, a leading provider of financial products and services to the credit union industry, today announced that it will host the third annual Credit Union Enterprise Wide Risk Management (EWRM) Conference next June 16-17, 2009 at the Swissotel Chicago.

Corporate One Announces Three New Board Members; Names Officers

COLUMBUS, Ohio – At its annual meeting held in April in Columbus, Ohio, Corporate One Federal Credit Union announced the election of Ronald J. Budzinski, president of First Trust CU in Michigan City, Indiana; Gerald D. Guy, president/CEO of KEMBA Financial CU in Columbus, Ohio; and Janice L. Thomas, president of PSE CU in Parma, Ohio to its board of directors. In a reorganization meeting following the annual meeting, the 2008 officers were named: Jerome R. Valco, CEO, The Ohio Educational CU, chair; Guy, vice chair; John J. Shirilla, president/CEO of Best Employees FCU in Walton Hills, Ohio, treasurer; and Phillip R. Buell, CEO of Superior FCU in Lima, Ohio, secretary.

Corporate One's EWRM Conference Features Vendor Risk Workshop

COLUMBUS, Ohio – Corporate One Federal Credit Union, a leading provider of financial products and services to the credit union industry, announced that its second annual Enterprise Wide Risk Management (EWRM) Conference, scheduled for June 24-25 in Chicago, will feature a workshop on vendor risk management.

Corporate One Announces Second Annual EWRM Conference

COLUMBUS, Ohio – Corporate One Federal Credit Union, a leading provider of financial products and services to the credit union industry, announced today that it will host its second annual Credit Union Enterprise Wide Risk Management (EWRM) Conference June 24-25, 2008 at The Drake Hotel in Chicago.