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Recent News

04/15/2021 - Our CEO/President Melissa Ashley was recently a guest on LSCU's Podcast "Common Cents." Tune in and to hear how credit unions can gain access to real-time payment opportunities and utilize The Clearing House’s RTP Network. Learn how Corporate One is helping credit unions stay in the payments game as transactions continue to shift to digital, frictionless, real-time payment experiences. Listen now.

04/13/2021 - Corporate One announced today that it has begun supporting its first credit union, Crane Credit Union, on its recently launched Funding Agent Service for The Clearing House’s (TCH) RTP® network. Corporate One’s Funding Agent Service comprehensively facilitates the 24/7/365 funding management for credit unions on the RTP network and completes a journey that began last year when Corporate One was the first credit-union-specific financial institution to commit to becoming a funding agent. Real the full announcement.

03/26/2021 - Corporate One today released its 2020 audited financials and footnotes, which reveal the year closed as one of Corporate One’s strongest, with $16.5 million in net income. Further, Corporate One’s regulatory capital exceeded $331.2 million, as of December 31, 2020. View Corporate One’s 2020 Audited Financials and Footnotes.

03/23/2021 - Featuring a brand-new look and feel, including new resources, our info center offers educational insights, highlights important industry information, and reviews our available solutions so your credit union can find success with real-time payments. Read more.

03/16/2021 - This program has enabled financial institutions to assist law enforcement in tracking down the financial assets of suspected terrorists and money launderers. Read more.

03/09/2021 - Receiving Depository Financial Institutions will receive files of SDA transactions by 5:30 p.m. ET/2:30 p.m. PT, and interbank settlement will occur at 6:00 p.m. ET. Adjustments to Federal Reserve services include extending the closing of NSS by one hour to 6:30 p.m. ET, and Fedwire Funds Services will close at 7:00 p.m. ET. Read more.

03/02/2021 - Corporate One has many exciting initiatives underway, and one of those initiatives is the upcoming rollout of a new and enhanced Member$MART, our web-based account management system. Read more.

02/17/2021 - One of the ways to jumpstart your digital transformation journey is by implementing solutions that simplify your members’ experiences and increase their engagement with your credit union. But with so many available options for fintech solutions, how do you choose? Read more.

02/10/2021 - The CTA targets anonymous shell companies and enhances financial institutions’ capabilities when it comes to gathering required beneficial ownership information. Read more.

02/08/2021 - Janice Hollar, Chief Financial Officer at Achieva Credit Union in Dunedin, Florida, has been appointed to Corporate One Federal Credit Union’s board of directors, which fills an open position that commenced on February 1. Read more.

02/08/2021 - The new window for Same Day ACH goes into effect on March 19, expanding ACH Same Day availability by two hours to 4:45 p.m. ET. While this new window will provide greater access for ODFIs and their members, it will also likely require operational adjustments at your credit union. Read more.

02/02/2021 - Being a participant in this important program aligns with our real-time payments strategic goal of enabling future access and creating opportunities for credit unions to take advantage of real-time payments. Read more.

01/25/2021 - The program will support development, testing, and adoption of the FedNow Service, the Federal Reserve Banks' upcoming instant payments offering, as well as encourage development of services and use cases that leverage FedNow functionality. Read more.

01/12/2021 - Effective March 19, 2021, the new Same Day ACH rule creates a new processing window. This new window will enable Originating Depository Financial Institutions (ODFIs) to originate Same Day ACH (SDA) transactions for an additional two hours each banking day, providing greater access for all ODFIs and their members. Read more.

01/07/2021 - The integration of Sherpa’s identity and document verification-provided solution, ID-Pal, into CULedger’s MemberPass, will enable the first KYC-backed digital credential that provides credit unions a solution to verify their members’ identities. Read more.

01/06/2021 - The pandemic substantially altered or impacted almost everything in our economy this past year. By way of review, here are a few highlights along with a look at what's ahead. Read more.

12/21/2020 - Timeshare fraud has become such a major problem that the FBI Criminal Investigative Division and the SEC’s Office of Investor Education and Advocacy issued an alert to warn consumers of the recent increase in fraudulent schemes. Read more.

12/08/2020 - Tomorrow's complimentary webinar with Corporate One and the Federal Reserve will reveal how the Fed is striving to revolutionize the payments system of tomorrow with its real-time gross settlement (RTGS) offering. Register now.

12/07/2020 - Our funding agent offering sets up credit unions for success in the rapidly expanding payments landscape by supporting entry into the RTP network. Read more.

11/24/2020 - Featuring articles, webinars and infographics created by Corporate One, the U.S. Faster Payments Council, and The Clearing House, our info center offers a closer look at the evolution of the payments world and how real-time payments are becoming the future of the industry. Read more.

11/17/2020 - FinCEN's fourth advisory related to COVID-19 focuses on unemployment insurance (UI) fraud during the pandemic. Read more.

11/10/2020 - Brought to you by Sherpa Technologies, this year’s complimentary event on November 17 will be an all-virtual, interactive half-day event featuring industry leaders and progressive credit union professionals from across the country. Read more.

11/06/2020 - Corporate One kicked-off our annual membership survey, which was sent to member CEOs, a couple of weeks ago, and it got me thinking about how our member feedback efforts have inspired improvements over the years. Read more.

11/03/2020 - As part of an ongoing effort to provide education on the importance of the industry’s transition to real-time payments, Corporate One has launched our new Real-time Payments Info Center. Housed within our Learning Library, this info center provides an easy way for credit unions to access webinars, articles, and infographics about the benefits of faster/real-time payments and learn how to get connected to real-time payments opportunities. Learn more.

10/20/2020 - This dashboard provides a convenient overview of key aggregate metrics in the banking industry. Read more.

10/13/2020 - For credit union investors, mortgage securities come in two forms: Pass-Through Securities (also known generically as MBS) and Collateralized Mortgage Obligations (CMOs). This article offers an introduction (or reintroduction) to both types of securities and reviews the overall market for each. Read more. Read more.

10/8/2020 - Before deciding what digital tools to implement and how to use them, it’s important to first have a strategic focus and direction that complements and aligns with the trends and considerations impacting an organization's members, as well as the industry overall. Read more. Read more.

10/5/2020 - It is critical that credit union employees receive solid BSA/AML training on a continual basis, as well as stay abreast of regulatory updates and news. Read more. Read more.

10/1/2020 - Credit unions nationwide are invited to join Corporate One this fall for a free webinar series to discover more about the benefits of real-time payments, hear from the major players at the U.S. Faster Payments Council, The Clearing House, and the Federal Reserve, and learn how to get connected to real-time payments opportunities. Read more.

09/15/2020 - This article is the second in a two-part series that examines how burdensome it is for financial institutions to comply with certain BSA-related compliance processes. Read more.

09/08/2020 - Effective March 19, 2021, the new Same Day ACH window represents continued growth and opportunity for credit unions and their members. Read more.

09/04/2020 - A new member has been appointed to Sherpa's Board of Directors and two current board members have been reappointed to new, two-year terms. Read more.

09/03/2020 - Even with all of the uncertainties and adjustments we’ve had to make due to the pandemic situation, Corporate One continues to provide our members with uninterrupted service and move forward with our primary strategic priorities. Read more.

08/25/2020 - The app has been redesigned with a more modern look and feel, including improved functionality, to provide all users with a seamless digital experience. Read more.

08/19/2020 - The National Credit Union Foundation (The Foundation) provides disaster relief to the credit union movement through its CUAid program. To serve as an extension of that program, The Foundation has created a free disaster recovery app to streamline and connect credit union organizations with one another when disasters strike to quickly coordinate resources. To learn more about the app, including the schedule for two upcoming training webinars in October, visit The Foundation's webpage.

08/18/2020 - If a regulator were to ask you how much it costs to file a suspicious activity report (SAR) at your credit union, would you know the answer? Read more.

08/11/2020 - As the pandemic situation continues to disrupt the economy and interest rates remain low, credit unions continue to face unprecedented challenges regarding cash management and investments. Read more.

08/04/2020 - The business community can and must champion meaningful change to ensure that equal opportunity is truly a reality and every individual is appreciated for themselves. Read more.

08/03/2020 - Corporate One's CUSO Sherpa has partnered with StrategyCorps to provide credit unions nationwide with enhanced checking products and innovative digital user experiences that offer greater appeal to today’s members’ needs, are different from the competition, and create deeper member relationships. Read more.

07/31/2020 - Through an exclusive corporate credit union agreement, Corporate One will offer Access Softek’s EasyVest, a robo-advisor investment tool that seamlessly integrates with any credit union’s online and mobile banking platform. Read more.

07/16/2020 - The distribution of a special dividend for all Perpetual Contributed Capital (PCC) owners was approved by our board of directors on June 30. This special dividend brings the total PCC dividends paid for the first half of 2020 to a 2% annualized return. Read more.

07/16/2020 - Hosted by our CUSO Sherpa Technologies, ClickSWITCH, and StrategyCorps, this webinar features information about market conditions and how digital transformation is evolving. Read more.

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.