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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:
On January 28, 2009, the National Credit Union Administration (NCUA) announced the Temporary Corporate Credit Union Share Guarantee Program (TCCUSGP). The program was designed to provide stability to the credit union system by guaranteeing all shares held at corporate credit unions.   READ MORE +

Feature Article
 
Important information regarding Reg E Remittance Transfer Rule


Reg E The new foreign remittance transfer rules set forth in Section 1073 of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act are currently set to go into effect on February 7, 2013. However, just announced are plans by the Consumer Financial Protection Bureau (CFPB) to issue a proposal next month to refine three elements of this rule as well as a brief extension of the effective date to 90 days after the CFPB finalizes its proposal.   READ MORE +
Product News

Sallie Mae Smart Option Student Loan program reaches new heights
Continued success of offering underscores value to credit unions, their members

Sallie MaeThe Sallie Mae Smart Option Student Loan™ program offered through Corporate One had its most successful quarter yet with $2 million in student loans disbursed during the quarter. Our credit union participants earned approximately $20,000 in total referral income, averaging approximately $200 per credit union, with some earning more – up to $2,000.  READ MORE +


Learn more about the Federated Government Ultrashort Duration Fund on an upcoming conference call

Corporate One invites you to learn more about one of our key investment offerings: the Federated Government Ultrashort Duration Fund, specifically the Institutional Shares or IS. This short-term investment option is particularly beneficial to credit unions with an investment portfolio over $20MM and can help your credit union earn above overnight market rates on its excess cash.  READ MORE +


Card Solutions live webinar

Corporate One is pleased to announce we’ll be hosting a live, informational webinar on our Cards Solutions on December 11. Our Cards Solutions are in a class of their own; being the only programs designed for small and mid-sized credit unions.  READ MORE +


New ACH Webinars available in Training Certification Program

Earlier this month, Corporate One added several webinars to the ACH section of our Training Certification Program (TCP) library. The new webinars include the 2012 ACH Compliance webinar and the ACH Services quick start trainings.  READ MORE +


Holiday cash ordering reminder

Due to both the Federal Reserve and Corporate One being closed in observance of Christmas Day on Tuesday, December 25, 2012, and New Year’s Day on Tuesday, January 1, 2013, you may need to change your cash ordering.  READ MORE +


Industry News

Corporate One employees’ give back
Help stock area food banks with donations

Food DriveWith the season of giving is upon us, Corporate One is proud to report another successful food drive, with our employees collecting food to help stock local area food banks. READ MORE +


Recent studies conclude credit card comparison Web sites don’t deliver

In a recent article published by Time’s online business magazine, where staff evaluated nearly a dozen Web sites that let people compare credit card offers, it was concluded the majority of such search results lacked objective options. READ MORE +


ACH Compliance Webinar

KEY RATES
as of 12/3/12

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


3.25%
0.21%
0.16%
0-0.25%

Fed Funds Plus Average
Partners
Associate

0.17%
0.10%


CORPORATE ONE
Third Quarter Unaudited
Financial Statements

Corporate One Financial Statements
VIEW

MARKET COMMENTARY
for the month of Dec. 2012
With the bitterly divisive election now behind us, a major source of uncertainty and headline-grabbing bombast has been removed from the economic landscape. But the respite will be brief. The nation is facing several unresolved issues, with unknown consequences for the economy. Chief among them, of course, is the so-called “fiscal cliff”, the slew of growth-killing tax increases and spending cuts due next year unless Congress and the administration can work out a plan to avert it.  + READ MORE
Upcoming Events

Corporate One will be closed in observance of the following holidays:
Christmas: Tuesday, December 25, 2012
New Year's Day: Tuesday, January 1, 2013

 
  12/5/2012   3:00 PM ET
 
  12/11/2012   2:00 PM ET