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 In This Issue
Note from the CEO
Feature Article
Product News
Cards Corner
For Small Credit Unions
Industry News
Upcoming Events

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Lee Butke Dear Members:

Corporate One has had a strong first half of 2014. Our financials through June show that your corporate is on a solid financial foundation. After a year of great change and integration in 2013 due to the merger, including updating many systems, we have focused on maintaining our strong financial position as well as creating and enhancing solutions that help credit unions succeed, including one awesome EMV promotion coming soon. READ MORE +

Feature Article
 
What credit unions need to know about third-party payment processors

Jennifer Morrison By: Jennifer Morrison, VP, Senior Risk Manager

In previous issues of Solutions, I discussed the need for credit unions to create a culture of compliance for BSA/ALM. Last month I discussed the additional due diligence required when serving money services business (MSBs). This month, I want to share with you another high risk member group that requires enhanced due diligence - third-party payment processors.  READ MORE +
Product News

Read all about it: Member$MART enhancements
Improved wire descriptions, Safekeeping statements to be available in eReports


Corporate One is enhancing Member$MART, making it even easier for credit unions to go about their daily business. Earlier this month, Corporate One made slight modifications to the incoming/outgoing wire descriptions in Member$MART, providing more needed and meaningful at-a-glance details for those reviewing the information. READ MORE +


Corporate One FCU and PSCU renew credit, debit agreements
Partnership instrumental in growing credit union card programs, mitigating fraud


PSCU LogoDue to the success Corporate One members have had on the program, including an overall increase in debit cardholder growth of 12 percent and 45 percent in combined signature and PIN transactions, Corporate One recently renewed its partnership with PSCU for another five years.  READ MORE +


New ACH Origination seminar announced
Discover what you need to know to develop a robust ACH Origination program at complimentary seminar


Corporate One has held ACH Origination seminars over this past spring in four different states to educate credit unions on the benefits of ACH Origination. Back by popular demand, Corporate One is pleased to announce a new location in Miami, FL.  READ MORE +


Investments 101 Boot Camp
Let us help you get your investment portfolio in shape


After a successful Investments 101 Boot Camp earlier this summer in Columbus, OH, Corporate One is pleased to announce new locations for the fall. READ MORE +



Cards Corner

Why EMV?

Amy Macmullen I’ve been getting a lot of calls from members asking this very question, so I thought it a great topic to address. From a credit union standpoint, the biggest benefit of EMV (Europay, MasterCard, Visa) chip cards lies in its powerful fraud prevention technology inherent in the chip.  READ MORE +


For Small Credit Unions

Is it time to diversify your investment strategies?

Small CU icon By: Bob Post, VP, Chief Investment Officer

For many small credit unions, investing has typically been limited to purchasing certificates of deposit (CDs) from local banks or perhaps through available rate services. READ MORE +


Industry News

Make a difference with Miracle Jeans Day 2014

PSCU Logo Credit unions across the nation will be participating in Miracle Jeans Day on September 10, 2014, to support the Children’s Miracle Network Hospital, which is the official charity of choice for the credit union movement (under the brand Credit Unions for Kids). READ MORE +


100 million memberships reached at CUs nationwide
Say, “Cheese!”: Join “Selfie” campaign to commemorate milestone


As posted by CUNA on August 5, 2014

CUNA announced earlier this month that credit unions have reached and surpassed 100 million memberships nationwide--equating to one in every three Americans. READ MORE +

August Events

KEY RATES
as of 8/29/14

Prime
One-Month LIBOR
1Y Treasury Bills
Fed Target Rate


3.25%
0.15%
0.10%
0-0.25%

Fed Funds Plus Average
Partners
Associate

0.16%
0.09%


CORPORATE ONE
Latest Unaudited
Financial Statements

Corporate One Financial Statements
VIEW

MARKET COMMENTARY
for the month of
September 2014
With the U.S. economy still traveling on a 5-year growth trajectory, there are more reasons to feel positive than negative about the economic landscape. Yet even as the Great Recession recedes in the rear-view mirror, there’s no shortage of complaining back-seat passengers. Not only has the trip encountered many potholes along the way, it’s been awfully slow as well, moving at about half the normal speed of recoveries. Each time the growth engine seemed about to rev up, it ran into a headwind that slowed it down. This year’s headwind took the form of harsh winter weather, which actually turned the engine into reverse in the first quarter. However, the lost ground was made up, and then some, in the spring as growth surged ahead at a stronger-than-expected 4 percent pace, according to initial GDP estimates for the second quarter + READ MORE
Upcoming Events
 
  9/16/2014   10:00 AM ET
 
  9/24/2014   9:00 AM ET
 
  10/15/2014   9:00 AM CT
 
  10/28/2014   9:00 AM ET
 
  10/29/2014   9:00 AM ET
 
  10/30/2014   9:00 AM ET
 
  11/18/2014   9:00 AM ET