Connect ► twitter| youtube|  Log In ► Members Only  |  Corporate One Safekeeping  |  Search

 In This Issue
Note from the CEO
Feature Article
Product News
Industry News
Upcoming Events

Download Adobe Reader Portions of this newsletter utilize Adobe Reader. Go here to download.

Dear Members:
Just last week, Corporate One held its annual meeting where we reviewed our achievements for 2012 and shared our vision for the future. Our annual meeting is an exciting time for many reasons. First and foremost, it’s a great time to see so many members and hear about the successes many of you are having at your credit unions.   READ MORE +

Feature Article
New services through Accolade assist credit unions in managing risk, meeting new regulations, and optimizing their portfolios

By: Joe Ghammashi, SVP, Chief Risk Officer

Joe Ghammashi Corporate One Federal Credit Union is excited to announce we now offer asset liability management (ALM) services, along with investment advisory services, through our, newly acquired, wholly owned CUSO, Accolade Asset/Liability Advisory Services (Accolade). The solutions provided by Accolade are perfect for credit unions that may have limited time, resources or expertise to optimize their investment portfolio, manage the increasing demands of a robust risk management program, or meet new regulatory guidance.   READ MORE +
Product News

New international wire transfer resources now available

As the most secure, final and expedient method to send and receive funds electronically, international wires are a popular and reliable way to transfer funds overseas. In fact, activity on Corporate One’s international wire platform has never been busier. Over the past six months Corporate One has processed nearly 2,500 international wires for credit unions, moving nearly $17 million in funds globally for members.  READ MORE +

Member business lending: Discover the possibilities in new webinar

Are you interested in adding member business loans to your loan portfolio mix, but not sure how to get started or attract the right kind of loans? Member Business Solutions (MBS), a wholly owned CUSO of Corporate One is hosting a complimentary webinar to provide the answers to these questions.  READ MORE +

Risk trainings on assessment process and for Board members recently updated
Registration for annual BSA/OFAC training now open

Over the past few years, an increased emphasis has been placed on risk management. To assist credit unions with the requirements they need to fulfill, including implementing risk-based programs to ensure compliance with the Bank Secrecy Act (BSA) as well as the annual need to conduct risk assessments on controls, management procedures, and other risk mitigation techniques, Corporate One offers several complimentary training resources for members.  READ MORE +

Memorial Day holiday cash ordering reminder

Due to both the Federal Reserve and Corporate One being closed in observance of Memorial Day on Monday, May 27, 2013, you may need to change your cash ordering.  READ MORE +

Reminder: Discontinuation of stop payment and closed account requests goes into effect today

Just a friendly reminder that as of today, Corporate One will be discontinuing the closed account and stop payment optional services for our share draft solution as well as the closed account feature for our business checking solution. We will continue to honor stop payment requests for Business Checking 2 and 3 accounts.  READ MORE +

Industry News

May is National Direct Deposit and Direct Payment Month

Celebrate National Direct Deposit and Direct Payment Month via ACH during May. Observed annually, the purpose is to raise awareness of the benefits of electronic payment and to advance the use of electronic payment options.   READ MORE +

Seg Promo

as of 4/30/13

One-Month LIBOR
1Y Treasury Bills
Fed Target Rate


Fed Funds Plus Average


February Unaudited
Financial Statements

Corporate One Financial Statements

for the month of May 2013
Here we go again. Following a solid performance during the winter months, the economy hit another speed bump as the weather turned milder. In March, far fewer jobs than expected were created and retail sales were disappointingly weak. Job growth and consumer spending are tightly linked pillars of the economy and their sudden weakness understandably prompted forecasters to lower their near-term outlook; growth in the second quarter is now expected to slow to about half the first quarter’s pace.  + READ MORE
Upcoming Events
  5/2/2013   10:00 AM ET
  5/15/2013   10:00 AM ET
  5/19/2013 - 5/22/2013   12:00 PM
  5/20/2013   10:00 AM ET
  5/22/2013   10:00 AM CT
  5/23/2013   11:00 AM ET
  6/5/2013   10:00 AM ET
  6/6/2013   10:00 AM ET