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

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Dear Members:
The New Year brings such a sense of possibility and promise. When the calendar turns, offering a fresh road ahead, it’s hard not to feel like anything is possible. And, that is certainly true for those of us at Corporate One. We start 2013 as an even better organization than we were just one short year ago.   READ MORE +

Feature Article
 
Temporary delay announced for implementing international remittance transfer rule

Rule will no longer take effect on February 7, 2013

Reg E As anticipated, the Consumer Financial Protection Bureau (CFPB) is temporarily delaying the effective date of the new remittance rule as set forth in the Dodd-Frank Wall Street Reform and Consumer Protection Act. As a result, the rule will not take effect on February 7, 2013, as previously announced. A new effective date will be announced later this year by the CFPB, once it issues the final rule.   READ MORE +
Product News

Corporate One launches Investment Solutions Due Diligence web page

Corporate One recognizes the importance of maintaining thorough and current due diligence files on key business partners and having it available to members when they need it. For that reason, we have launched a new Investment Solutions Due Diligence web page to provide you quick and easy access to the information you need to perform your credit union’s due diligence of our business partners.  READ MORE +


Presidents’ Day holiday cash ordering reminder

Due to the Federal Reserve and Corporate One both being closed in observance of Presidents’ Day on Monday, February 18, 2013, you may need to change your cash ordering. To review the standard holiday cash service change announcement, visit the Federal Reserve’s Web site.  READ MORE +


Industry News

NCUA raises "Small Entity" definition from $10 million to $50 million
More than 4,600 credit unions now covered under updated definition
NCUA Board Action Bulletin

The National Credit Union Administration (NCUA) Board convened its first scheduled open meeting of 2013 at the agency’s headquarters on January 10, 2013. The Board unanimously approved five items, one of which provides more than two-thirds of credit unions with regulatory relief by raising the definition of a "small entity" from credit unions with assets of less than $10 million to credit unions with assets of less than $50 million. READ MORE +


Corporate One to celebrate three Accredited ACH Professionals (AAPs) on national day of recognition

AAP logoFebruary 12 is the Accredited ACH Professionals’ (AAPs) National Day of Recognition. The AAP accreditation is recognized as the gold standard in ACH excellence and AAPs are considered expert payments professionals. Today, there are more than 4,000 AAPs in the U.S., and Corporate One is proud to have three of them on staff serving our members. READ MORE +


Stop by to see us at CUNA’s Governmental Affairs Conference

Register for GACIf you will be attending the GAC in Washington, DC next month, Corporate One invites you to stop by our booth #450 to learn about our infinite solution possibilities, and to meet with staff and management.


Visit us at GAC

KEY RATES
as of 1/31/13

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


3.25%
0.19%
0.13%
0-0.25%

Fed Funds Plus Average
Partners
Associate

0.17%
0.10%


CORPORATE ONE
4th Quarter Unaudited
Financial Statements

Corporate One Financial Statements
VIEW

MARKET COMMENTARY
for the month of Feb. 2013
It may not be a silver lining, but a glimmer of light is shining through the dark clouds overhanging the economy. As the year began, a host of worries darkened the near-term outlook.  + READ MORE
Upcoming Events

Corporate One will be closed in observance of the following holiday:
Presidents' Day: Monday, February 18, 2013