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In This Issue |
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Note from the CEO |
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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
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 +
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The prepaid card line-up: Gift and Reloadable
Corporate 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 + |
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Wire troubleshooting tips, including incoming wires update
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 +
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Ten things you should know about ending savings bond sales at your financial institution
From: EPCOR News, Dec. 20, 2011
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 +
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Alliance One audit: Don’t forget to “Confirm” or “Update Now” by Jan. 6
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 +
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KEY RATES
as of 12/30/11 |
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Prime
One-Month LIBOR
1Y Treasury Bills
Fed Target Rate
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3.25%
0.29%
0.10%
0-0.25% |
Fed Funds Plus Average |
Partners
Associate |
0.18%
0.10%
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CORPORATE ONE
Unaudited November
Financial Statements |
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VIEW
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MARKET COMMENTARY
for the month of Jan. 2011
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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 |
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