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 In This Issue
Note from the CEO
Feature Article
Product News
Industry News
Upcoming Events

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Dear Members:
2011 was a defining year for the corporate credit union industry, and for Corporate One. While much of the spotlight throughout the last year was on our response to the changes outlined in Reg. 704 and our plan to comply with the new regulations’ capital requirements, we also had to continue to run our corporate, and do so in a way that provided value and support to you, our members.  READ MORE +

Feature Article
 
Corporate One expands cards solutions to include prepaid cards
Flexible, customizable program will fuel revenue and membership growth
By: Robert Coyan, SVP, Marketing and Operations

Robert Coyan Headshot Corporate One is excited to announce we have expanded our Cards Solutions to include prepaid cards. Through our relationship with PSCU Financial Services, Corporate One is able to provide our members access to one of the fastest-growing segments in the cards industry: prepaid cards. Prepaid cards offer a great opportunity for our members to increase revenue, build brand loyalty and reach and attract new members.   READ MORE +
Product News

The prepaid card line-up: Gift and Reloadable

Prepaid CardCorporate One members now have the opportunity to offer prepaid gift and reloadable cards. And, with the growing popularity and opportunity prepaid cards offer, there is no time like the present for credit unions to take claim over their share of the prepaid market to meet their members’ needs as well as their own revenue goals.  READ MORE +


Wire troubleshooting tips, including incoming wires update

OneWire Troubleshooting Tips Earlier this month, Corporate One officially transitioned to OneWire, a new and enhanced wire services platform. To assist our members through this change, Corporate One has developed a five-part on-demand webinar training series. It is recommended all users take advantage of the training materials available, including the user manual. READ MORE + 


Industry News

Ten things you should know about ending savings bond sales at your financial institution
From: EPCOR News, Dec. 20, 2011

savings bond As previously announced by the Department of the Treasury’s Bureau of the Public Debt, paper savings bonds will no longer be sold at financial institutions as of January 1, 2012. This action supports the Treasury’s goal to increase the number of electronic transactions with citizens and businesses, and is expected to save American taxpayers approximately $70 million over the first five years.

In order to provide additional details about this change, here is a list of 10 things you should know about ending over-the-counter sales of paper savings bonds at your financial institution. READ MORE +


Alliance One audit: Don’t forget to “Confirm” or “Update Now” by Jan. 6

Alliance One logo

The process is automated this year to make it more convenient for participants to verify and complete. While we’ve heard from many of you, we haven’t heard from all participants. Please remember to complete the audit by January 6, 2011. Accurate information is integral to Alliance One remaining a benefit for everyone involved, and we greatly appreciate your cooperation so that we may continue to provide this valuable service to your members and/or customers. READ MORE +


NEW MEMBERS
joining Corporate One
in November

Park View FCU

Harrisonburg, VA
IBEW 968 FCU
Parkersburg, WV
Water and Power Community CU
Los Angeles, CA
KEY RATES
as of 12/30/11

Prime
One-Month LIBOR
1Y Treasury Bills
Fed Target Rate


3.25%
0.29%
0.10%
0-0.25%

Fed Funds Plus Average
Partners
Associate

0.18%
0.10%


CORPORATE ONE
Unaudited November
Financial Statements

Corporate One Financial Statements
VIEW

MARKET COMMENTARY
for the month of Jan. 2011
As the curtain rises on 2012, we can only hope that the
economy faces less turbulence than it did in 2011. To be sure, it would be wishful thinking to expect a sea of tranquility, particularly in a presidential election year.  + READ MORE
Upcoming Events
 

Corporate One will be closed in observance of the following holidays:

New Year's Day
Martin Luther King Day
  Monday, January 2, 2012
Monday, January 16, 2012