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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:

We want and need your feedback as it is a key component in Corporate One’s commitment to providing quality service, products, and value to our member owners. Knowing how we are doing and what services our members’ desire helps drive our improvements and future initiatives. READ MORE +

Feature Article
 
Electronic payments and remote deposit capture – recognition and risks

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

In keeping with the theme of “creating a culture of compliance at credit unions” for BSA/AML, I want to discuss the recognition and risks associated with electronic payments and remote deposit capture. Electronic payments are ubiquitous, but there are many consumer misconceptions as well as BSA/AML risks associated with electronic payments.   READ MORE +
Product News

“Compatibility View” is a quick fix for ACH and OneWire users on systems with Internet Explorer 9 and higher

Corporate One’s Web-based ACH Services and OneWire are currently optimized to work best in Internet Explorer 8. Unfortunately, using these systems in other, newer versions of Internet Explorer can sometimes lead to various issues, such as having difficulty verifying a wire or not being able to see certain buttons in the ACH system. Understanding that many of our ACH and OneWire users are on systems with these newer versions of Internet Explorer, we wanted to remind you about Microsoft’s “Compatibility View” within Internet Explorer. READ MORE +


Quarterly economic update webinar and podcast now available
Make sense of current economic conditions and how future trends could impact your credit union’s bottom line


Understanding the ever–changing trends in our complex economy is vital to the effective management of your credit union. To help you gain a greater understanding of current market conditions, Corporate One invites you to tune in to our 3rd Quarter Economic Update, which is now available. READ MORE +


Reminder: Investments 101 Boot Camps taking place next month
Join us and let Corporate One help you get your investment portfolio in shape


After completing another successful boot camp earlier this month in Jackson, MS, Corporate One invites you to join us at a location near you to learn about additional investment options and strategies available to your credit union. READ MORE +


Tips for success when selling business services

By: Jim Gallagher, President of Member Business Solutions, a wholly owned CUSO of Corporate One FCU

MBS LogoMember business accounts offer great revenue generating opportunities for credit unions. And because banks largely do not want to fool with small business accounts, this presents a welcoming opportunity for credit unions to attract new deposits and loans. READ MORE +



Cards Corner

Corporate One stands ready to help credit unions make the move to EMV

Amy Macmullen The technology behind EMV (Europay, MasterCard, VISA), the world’s standard for inter-operation of “smart” cards, promises to deliver several key benefits to credit unions and their members over the next several years.  READ MORE +


For Small Credit Unions

Marketing strategies for small credit unions

Small CU icon Eager to expand your member base and spread the word about your products and services? As a small credit union, you’re probably wondering if you should even bother with marketing a program if you don't have thousands of dollars to spend? READ MORE +


Industry News

Join us! Upcoming convention in Indiana

The Indiana Credit Union League’s 80th Annual Meeting & Convention is just around the corner on Oct. 15-17. We look forward to seeing our Indiana members during this convention, which takes place at the JW Marriott in downtown Indianapolis. You'll find us in booth #10. READ MORE +


NACHA passes two rules to increase ACH Network quality

Released from CUNA News Now 8/27/14

Last month the voting membership of NACHA, the Electronic Payments Association has approved ballots for two upcoming rules for the Automated Clearing House (ACH) Network. READ MORE +


CFPB finalizes revisions to rule protecting consumers sending money internationally
Extends temporary exception on fee estimation to 2020


As released from the Consumer Financial Protection Bureau Aug. 22, 2014

The Consumer Financial Protection Bureau (CFPB) today finalized revisions to the remittance rule that it had proposed in April of this year. READ MORE +

Fall Events

KEY RATES
as of 9/30/14

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
October 2014
It would seem that there’s hardly anything good to say about the recovery, given its many disappointments and overall lackluster performance since the end of the Great Recession. Yet a closer look does yield some positive nuggets. Longevity is one. At 63 months and counting, the upturn has outlasted most of its eleven postwar predecessors, which collectively had an average life of 58 months. There’s still a ways to go before it catches up to the prolonged 106 months expansion of the 1990s; but the previous one, which began in December 2001 and expired 73 months later in December 2007 is certainly within sight.

Nor is durability its only accomplishment. Domestic corporations enjoyed the sharpest post-recession rebound in profits in the postwar era, lifting their share of national income to a record high. As much as anything, this record profitability underpinned a spectacular stock-market rally that pushed equity prices to new peaks, helping to repair sorely damaged balance sheets for millions of households. + READ MORE
Upcoming Events
 
  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