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In This Issue |
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Note from the CEO |
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 Feature Article
Are you looking for complimentary, on-demand training opportunities?
By: Liz Sauer, Corporate One Training Specialist
 If you are responsible for your staff’s training and developmental goals, we have the solution for you -- Corporate One’s Training Certification Program (TCP). The TCP is designed to allow your staff to become more proficient on the Corporate One products and services most relevant to their daily job duties through our on-demand training program. READ MORE + |
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OneWire on track for a December 5th launch
In the June Solutions newsletter, Corporate One announced it was transitioning to a new wire processing platform in the 4th quarter, called OneWire, for both domestic and international wires. OneWire will provide for greater efficiencies and streamlined processing for all of our member credit unions’ wire transfer needs. OneWire, powered by BankServ’s Global Funds Exchange (GFX) platform, is an Internet-based system and will provide many benefits to our wire users. READ MORE + |
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Alliance One launches a new quarterly newsletter
 Alliance One, the selective surcharge ATM group powered by Corporate One, released the inaugural issue of its newsletter earlier this month, intended for all Alliance One participants. The brief, yet informative quarterly newsletter contains important product updates and current industry news articles. The intention of the newsletter is to further highlight “participant-only” promotions, generate marketing ideas and provide general knowledge about the program.
The quarterly newsletter will be emailed to all Alliance One contacts and those participants who request a copy. To subscribe, visit the Alliance One website and log on to the Financial Institutions area. READ MORE +
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Corporate One multi–factor authentication security tokens not affected by NCUA Risk Alert
In August of this year, the NCUA published an Advisory issued by the National Security Agency (NSA) related to a potential breach of SecureID tokens that some credit unions use to authenticate users for online and network system access. Corporate One immediately posted on their Web site a notice that we do not utilize the potentially vulnerable RSA tokens that are the subject of the advisory for any data processing or member access.
Multi-factor authentication used by our members to access Corporate One systems, specifically MemberView, is achieved using different technology from a different vendor and is not affected by this vulnerability. At the time of the initial vulnerability disclosure from the NSA (March 2011), Corporate One conducted an internal risk review of our multi-factor authentication processes and found the vulnerabilities from RSA to be unrelated to our existing members’ authentication process. READ MORE +
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3rd Quarterly Economic Update webinar is now available
Corporate One released its third quarter Economic Update webinar on September 26. New this year, Corporate One’s quarterly webinar series is being offered as an on–demand session for greater member convenience. It can be viewed whenever you want, from wherever works best for you. READ MORE + |
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Come talk with us at the fall OCUL town hall meetings
 Corporate One leadership will again participate in the Ohio Credit Union League’s annual Town Hall meeting series this October to provide an update on our strong progress towards Reg. 704 compliance, the current corporate landscape and our positive outlook for the future. Among other things, Lee Butke and members of our senior management team will discuss the success of Corporate One’s recapitalization program, answer questions about Southeast Corporate signing a Letter of Intent to merge with Corporate One, and the positive future plans made possible by our member credit unions. READ MORE + |
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NEW MEMBERS
joining Corporate One
in August |
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Cascade FCU
Seattle, WA
Gunnison Western FCU
Gunnison, CO
SRI FCU
Menlo Park, CA
KBR CU
Tacoma, WA
Washington Credit Union Foundation
Federal Way, WA
Rolling FCU
Turlock, CA
Contra Costa FCU
Martinez, CA
Midstate FCU
Carteret, NJ
OAPA FCU
Portland, OR
IBEW & United Workers FCU
Portland, OR
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KEY RATES
as of 9/30/11 |
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Prime
One-Month LIBOR
1Y Treasury Bills
Fed Target Rate
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3.25%
0.23%
0.10%
0-0.25% |
| Fed Funds Plus Average |
Partners
Associate |
0.18%
0.08%
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CORPORATE ONE
Unaudited August
Financial Statements |
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VIEW
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MARKET COMMENTARY
for the month of Oct. 2011 |
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| As the curtain rings down on the summer, we can only bid a heartfelt adieu to a forgettable as well as regrettable period. It is hard to remember another time when as many headwinds buffeted the nation. + READ MORE |
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No upcoming events for members |
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