2/16/2012 –– Ohio based - Corporate One Federal Credit Union and Florida based - Southeast Corporate Federal Credit Union announced that the National Credit Union Administration (NCUA) approved their merger plan at a closed-door NCUA Board meeting today. The approval from the NCUA is the latest step in the merger process for the two corporates. On September 13, 2011 the corporates signed a letter of intent to merge, and on January 18, 2012, the corporates signed a definitive merger agreement, which governs the terms and conditions that binds the organizations together, and formalizes many of the merger details.

2/9/2012 -- Corporate One Federal Credit Union announced today it has executed an agreement to offer upgraded ACH services for ACH Receipt and Origination transactions to its nearly 800 members using Fundtech’s PAYplus® ACH and CASHplus® platforms. By choosing Fundtech, Corporate One will be replacing the APEX-ACH platform offered through U.S. Central Federal Credit Union (the wholesale provider of financial services to the corporate network) with a solution that will offer several enhancements over APEX-ACH, and with pricing that is more favorable to its members.

2/9/2012 -- Corporate One’s December 2011 unaudited monthly financials are now available. View the December Unaudited Financials.

1/26/2012 –– Corporate One Federal Credit Union recently announced administrative and operational changes that make it possible for the corporate to proactively accommodate the needs of its growing number of members from across the United States. Most recently, Corporate One worked with its preferred partner for Vault Services to push back the daily ordering deadline to 1:00 p.m. LOCAL time for its credit union members in the continental U.S.

1/18/2012 –– The boards of directors of Corporate One Federal Credit Union and Southeast Corporate Federal Credit Union announced today that they have signed a Definitive Merger Agreement. For companies looking to merge, this is an important step, as it is this Agreement that governs the terms and conditions that binds the organizations together, and it formalizes many of the merger details.

12/22/2011--On Thursday, December 22, the National Credit Union Administration (NCUA) announced that they have chosen to unwind the payments operations area (APEX-ACH and national settlement) of U.S. Central Federal Credit Union, the wholesale credit union utilized by the corporate credit union network. While disappointing that a solution to continue the payments services could not be reached, it is not altogether unexpected. Corporate One, along with several other corporates has been an active participant in the discussions related to the U.S. Central payments services, and we are prepared to move forward now that the NCUA has made their decision to wind down these services.