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In This Issue |
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Note from the CEO |
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 Dear Members:
During June, Corporate One was able to finalize an important partnership with the National Credit Union Foundation (NCUF) on an issue near and dear to our hearts - furthering the credit union cause of people helping people. Corporate One and the NCUF have partnered to offer a new investment option in the NCUF's Community Investment Fund (CIF). As you know, the CIF is a unique investment vehicle that credit unions can leverage to support their state foundation initiatives while also supporting the NCUF's national programs and grants. READ MORE + |
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 Feature Article
Corporate One moving to new, enhanced wire transfer processing platform
| Fourth quarter transition will bring added benefits, strengthened security to wire transactions |
By: Melissa Ashley, VP, CFO
 Corporate One is pleased to announce we will be offering our new wire transfer processing platform for both domestic and international wires, called OneWire, in the 4th quarter of 2011. OneWire will provide for greater efficiencies and streamlined processing for all of our member credit union's wire transfer needs. We are excited about the benefits and features the new system will provide our members, and are proud to be enhancing our services to our members on such a fundamental funds transfer solution. READ MORE + |
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Corporate One, PSCU partnership on ATM/debit and credit cards yields success
More than 60 credit union contracts signed in the last year
Corporate One Federal Credit Union's partnership with PSCU Financial Services has yielded impressive results: in just over one year, we have signed contracts with more than 60 credit unions for debit and credit processing services powered by PSCU Financial Services. READ MORE + |
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Power of Training Certification Program is flexibility, convenience
Complimentary program offers nearly 30 trainings, now accessible via the iPhone® and iPad®
By: Liz Sauer, Corporate One Training Specialist
Are you looking for a creative way to train your seasoned and new staff members on the products and services that Corporate One offers? Well look no further, we have a complimentary program that meets the needs of our member credit unions. It is Corporate One's Training Certification Program (TCP). The TCP is designed to allow your employees to become more proficient on the Corporate One products and services most relevant to their daily job duties through our on-demand training program. Due to the continuous availability of the on-demand trainings, employees can learn at their own pace. And, we work diligently to add new content throughout the year to ensure our offerings remain fresh. READ MORE + |
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Two new debit campaigns on the horizon to help members boost their portfolios
Engage low-usage cardholders and strengthen your brand through proven-effective campaigns
Credit unions on Corporate One's ATM/Debit solution powered by PSCU Financial Services will receive official notification within the upcoming days of two new debit campaigns, which are aimed to help credit unions further bolster their debit portfolios through increased transaction volume and card issuance. In fact, in 2010, usage campaigns for PSCU debit consumer and small business programs resulted in an average post campaign lift of 20% above the starting baseline for monthly transactions. Results like these mean nothing but success and increased revenue for the credit unions taking advantage of these campaign opportunities. READ MORE + |
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Annual MemberView® audit reminder, due July 29
Corporate One has mailed its annual MemberView® audit to members with access. MemberView, Corporate One's Web-based account management system, is an integral component in conducting business with our member credit unions, and it allows our members to access accounts and manage operations throughout the day. To maintain optimum user security, as well as to comply with NCUA guidelines, Corporate One performs an annual MemberView security audit that requests all member credit unions on this service to review and validate those personnel currently authorized through Corporate One to use MemberView. READ MORE + |
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Member Service Corner: Tips for optimum ACH usage
Based on recent calls into our Member Services department, we wanted to remind you about two key functions in the ACH system that will optimize user usage and satisfaction. READ MORE + |
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Bluepoint Solutions, Corporate One Federal Credit Union partner to deliver item processing and check capture solution
Partnership enables Corporate One to further serve credit unions across the U.S. seamlessly
Earlier this month, it was announced that Bluepoint Solutions, provider of Check 21, remote deposit capture, item processing and enterprise content management solutions, and Corporate One, partnered to further assist natural person credit unions using Bluepoint's remote deposit capture (RDC) solution through their current corporate credit union to establish a relationship with Corporate One for check processing and clearing services without any disruption to operations or product support. READ MORE + |
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NEW MEMBERS
joining Corporate One
in May |
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C&O United CU
Edgewood, KY
MiddConn FCU
Middletown, CT
Credit Union
Centers LLC
Indianapolis, IN
Cadets FCU
Buffalo, NY |
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KEY RATES
as of 6/30/11 |
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Primebr> One-Month LIBOR
1Y Treasury Bills
Fed Target Rate
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3.25%
0.18%
0.19%
0-0.25% |
| Fed Funds Plus Average |
Partners
Associate |
0.19%
0.11% |
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CORPORATE ONE
Unaudited May
Financial Statements |
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VIEW
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MARKET COMMENTARY
for the month of June 2011 |
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With the economy going through another soft patch, it is important to distinguish between the short-term and longer-term forces that are shaping the nation's economic performance. For the most part, the short-term influences are weighing in on the negative
side of the ledger, including harsh winter weather, a horrific natural disaster in Japan and surging oil prices. The hope is that the impact of these negative influences will fade before they do more fundamental damage to the outlook. Although the jury is still out, it does appear that the first-quarter slowdown will only be a temporary setback for the erratic recovery.
+ READ MORE |
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