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Recent News

07/09/2020 - Lucro Commercial Solutions, Corporate One’s commercial lending CUSO, helps credit unions automate the PPP Forgiveness Application process with their online loan application portal. Read more.

07/07/2020 - To proactively champion diversity, equity, and inclusion, Corporate One has made a $10,000 donation to the African-American Credit Union Coalition (AACUC) in its “Commitment to Change” initiative. Read more.

07/02/2020 - Corporate One’s new online user-management hub offers our members a more convenient way to do business with us. Read more.

06/24/2020 - Sherpa and Prodigy will integrate ID-Pal into Prodigy's core-processing platform and digital lending experience and also provide an option for credit unions to leverage an integration with their eSignature solution. Read more.

06/17/2020 - Lucro CEO Jim Gallagher will be retiring, effective January 1, 2021. Nick Darvill, currently serving as Lucro’s president, has been selected as Lucro’s new CEO. Read more.

06/16/2020 - On May 18, FinCEN issued its first advisory related to the pandemic. This advisory focuses on medical scams. Read more.

06/16/2020 - You're invited to attend our Second Quarter Economic Update on June 17. Hosted by Corporate One’s SVP and Chief Investment Officer, Bob Post, with our VP, Portfolio Manager, Perry Jones. Register now.

06/10/2020 - With the precipitous drop of interest rates, and, subsequently, the rates earned on cash, many credit unions have been asking our investment department what to do next. Read more.

06/09/2020 - Here's what these achievements mean in the payments landscape and why they are important to the credit union industry overall. Register now.

06/08/2020 - In this special webinar, you'll learn how your financial institution can transform its business and create a truly digital experience for your account holders. Hosted by our CUSO, Sherpa, with ClickSWITCH and StrategyCorps. Register now.

05/12/2020 - Corporate One is the first corporate credit union and wholesale financial provider to receive certification to receive payments via the RTP® network developed by The Clearing House. Read more.

05/11/2020 - Corporate One has released its full 2019 audited Financial Report, including the Management’s Discussion & Analysis. Thanks to the continued support of members nationwide, Corporate One recorded $13.4 million in net income and issued its highest PCC dividend payout to Partner members in its more than 70-year history of $4.3 million. Partner members earned 40 percent more than in 2018. View Corporate One’s 2019 annual audited Financial Report.

04/06/2020 - On March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. The CARES Act has several provisions designed to provide relief to individuals and small businesses. Chief among these, and pertinent to credit unions, is the Payroll Protection Program (PPP) for qualifying businesses. While credit unions are not currently eligible to apply for these stimulus funds for themselves, you can learn more about the PPP and how your credit union may be able to assist its members.

03/27/2020 - Corporate One released its 2019 audited financials and footnotes. With 2019 earnings of $13.4 million, Corporate One issued its highest PCC dividend payout to members in its more than 70-year history of $4.3 million.  Members earned 40 percent more than in 2018. View Corporate One’s 2019 Audited Financials and Footnotes.

03/25/2020 - Our training webinars are designed to help staff become more proficient on the products and services most applicable to their daily job duties. Read more.

03/19/2020 - As a co-owner of the CUSO eDOC Innovations, Corporate One would like to share the news that now through September 30, eDOC is offering a subscription to its basic level eDOCSignature package free of charge for all credit unions not currently utilizing the platform. To learn more, please contact your Corporate One Member Relationship Executive, read eDOC's announcement, or visit eDOC's website.

03/19/2020 - Credit union staff must be cognizant of the fact that BEC scammers may be targeting their inboxes next. Read more.

03/18/2020 - Corporate One takes seriously its ability to support its members during these unprecedented times. Corporate One activated a key component of our Pandemic Plan this week and now most staff are working from home. We are successfully serving members and are well-prepared to continue operations without any anticipated disruption in services. Read more.

03/18/2020 - As market unrest from COVID-19 continues, the Federal Reserve has and is continuing to act in an effort to support those most impacted by the numerous shutdowns taking place. We’ve seen dramatic changes in rates and fiscal policy since our March 6 update, and we want to continue to reassure Corporate One’s members we have significant cash and stand ready and willing to lend to any member credit union experiencing strains in liquidity. We are structuring attractive short-term loan specials to help you navigate during these turbulent times and will be making those available later today, March 18. Read full commentary.

03/13/2020 - Corporate One continues to respond to impacts of COVID-19. We remain well positioned to provide consistent, critical service levels to our members as we work together to deal with the impacts of this virus. Read more. Read more.

03/12/2020 - Learn about the first change going into effect to ensure your institution and account holders are prepared. Read more.

03/06/2020 - On March 6, we woke to global markets in crisis mode as fears of a worsening Coronavirus (COVID-19) continue to cause a frenzy. Given the market volatility, we wanted to assure you Corporate One’s investment portfolio and liquidity position remain strong and we stand ready to provide your credit union with liquidity and/or assist you with any investment needs you may have during these times of uncertainty. We will continue to provide periodic commentary on the situation for our members as the need arises, and encourage any member who has concerns over market volatility to contact us. Read full commentary.

03/06/2020 - Payigy is the first payments solution developed by Sherpa Technologies as a result of its Innovation Council collaboration. Read more.

03/04/2020 - As part of Corporate One's Business Continuity Plan, we also have a formal Pandemic Plan in place to ensure our organization is positioned to provide consistent, critical service levels to our member credit unions should the need arise. Read more.

2/19/2020 - The magazine published interviews with Corporate One’s VP, Senior Risk Manager and Chapter Co-chair, Jenny Morrison, and other award winners from its 18th Annual AML & Financial Crime Conference last year. Read more.

2/11/2020 - It's more important than ever for credit unions to have advanced identity verification technology solutions that strengthen and protect members’ identities and your institution. Read more.

2/05/2020 - CUNA's insightful report outlines the “Top 10 Trends” for credit unions for the upcoming year, and many of Corporate One’s efforts identified for 2020 are in direct response to these trends. Read more.

1/21/2020 - FinCEN is making a concerted effort to provide more feedback to BSA/AML compliance professionals about their SAR filings and how to improve the data included within them. Read more.

1/13/2020 - It continues to be a pleasure to serve our members and credit unions nationwide with premier investment and funding solutions. Read more.

1/6/2020 - The ongoing support of our members helped us achieve another year of strong financial growth while also providing critical funding, settlement, payment, and digital solutions. Read more.

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