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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:
It was a couple of years ago when the NCUA put forward new rules for corporate credit unions through Regulation 704, with the next phase of capital requirements taking effect in October of this year. Since the new regulations were written, Corporate One has worked diligently to ensure we meet these new requirements.   READ MORE +

Feature Article
 
Integration continues with remaining systems placed in Members Only
More than 5,550 users transitioned to Members Only, token use discontinuing in July

Orange BarrelCorporate One recently placed ACH Services, MemberView and OneWire behind the multi-factor authentication of Members Only, our newly acquired member account portal. This move complements a change we made earlier in the year to place TrustReporter behind Members Only, and means we now have all systems in Members Only.  READ MORE +
Product News

ACH Services system upgrade scheduled for this weekend

ACH Services will receive a system upgrade over the upcoming weekend (6/29-6/30), addressing overall efficiency and functionality as well as correcting inconsistencies regarding processing within the system.  READ MORE +


Corporate One announces ACH Services Advisory Council members

Recently Corporate One announced we were forming an ACH Services Advisory Council of 10 ACH professionals to assist us in further development, enhancement and growth of our ACH Services program. Thank you to all that expressed interest to serve to ensure our ACH Services continue to provide maximum value to our membership.  READ MORE +


It’s college loan peak time

Sallie MaeMay through September is peak student loan time. With the fall semester quickly approaching, students will be applying for loans to help fund their college education. This is a great time to jump-start advertising for the Sallie Mae program.  READ MORE +


Save the date for annual BSA/OFAC training webinar

Take advantage of our annual Bank Secrecy Act (BSA)/Office of Foreign Assets Control (OFAC) training taking place during August. This year the training will be provided via live webinar in order to reach more of our membership. The training will meet the FFIEC training standard in three total sessions.  READ MORE +


2nd Quarter Economic Update webinar and podcast now available

Review the latest key economic indicators with Corporate One’s Chief Investment Officer Bob Post in our 2nd Quarter Economic Update, which is now available. We’ve made it easy for you to tune in each quarter whenever and from wherever is most convenient for you by offering the update in on-demand webinar or podcast formats.  READ MORE +


Cards Corner

Generate new revenue and increase member satisfaction with Corporate One’s CURewards program

Amy Macmullen As many banks continue to scale back or end their rewards incentives on their debit and credit card programs, what better time and opportunity for credit unions to add rewards to their cards program. Corporate One offers CURewards through our Cards Solution that can be as beneficial for your credit union as they are for your cardholder – generating additional revenue from increased card usage and revolving balances.  READ MORE +


 
 
Industry News

Lee Butke receives honor

Corporate One is proud to announce President and CEO Lee Butke as an inductee to the William A. Herring Society. Lee was inducted at the Ohio Credit Union League’s Invest 48 show on April 23.  READ MORE +


Member Business Solutions announces their fifth annual Summit
Registration is open until July 22

Join MBS at the Embassy Suites Atlanta – Buckhead for the 5th Annual CU Small Business Summit. The event is open to all credit union interested in taking their member business solutions to new heights.  READ MORE +


Video of Corporate One’s 2013 Annual Business Meeting now available for viewing

As Corporate One’s membership has continued to grow nationwide, we understood that some members were unable to join us for Corporate One’s 2013 Annual Meeting held earlier this year in Columbus, OH. For that reason, we recorded the meeting for those members unable to attend.  READ MORE +


 
 
 
 
 
 
 

Quarterly Economic Update

 

KEY RATES
as of 6/28/13

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

 

3.25%
0.19%
0.15%
0-0.25%
Fed Funds Plus Average
Partners
Associate
0.16%
0.09%

 
CORPORATE ONE
May Unaudited
Financial Statements

Corporate One Financial Statements
VIEW
 
MARKET COMMENTARY
for the month of July 2013
As we enter the second half of the year, a minor celebration is in order: July will mark the fourth anniversary of the ongoing recovery. To be sure, this is neither a milestone nor worthy of a champagne toast. The eleven previous expansions since World War 11 had an average life of fifty—nine months; At 48 – and hopefully still counting – this one has a ways to go before qualifying as one of the more durable upturns. Nor does it measure up to its predecessors in most other ways, ranking as the weakest of the lot in terms of output and employment growth. Rather than bury the recovery, however, let’s raise a glass to its potential. The Great Recession left deep scars that took time to heal – devastated household balance sheets, an historic housing collapse, a dysfunctional banking system, bloated deficits and a pervasive aversion to risk taking, among others.  + READ MORE
 
 
 
 
 
 
 
Upcoming Events
   
  7/11/2013   10:00 AM ET
   
  7/15/2013 - 7/16/2013   7:00 PM ET - 1:00 PM ET
   
  7/18/2013 - 7/19/2013   7:00 PM ET - 1:00 PM ET
   
  7/22/2013   10:00 AM CT
   
  7/24/2013   10:00 AM CT
   
  8/8/2013   10:00 AM PT
   
  8/15/2013   2:00 PM ET