1. Market Commentary
2. Investment Services
3. Correspondent Services
4. Industry News
5. Training & Education
6. Upcoming Events
7. Financial Standing
8. Holiday Schedule
Member Service Enhancements
Businesses must continue to focus on honing the traits that set them apart from the competition: member service, ease of use, reliability, and security. Read More...
FNMA & FHLMC: How the Mighty have Fallen…
By: Brandon Humphryes, CFA
Senior Portfolio Analyst
They are enigmas wrapped in conundrums surrounded by mystery and tucked neatly away inside Pandora’s Box. Many of you likely have investments in these Government Sponsored Enterprises (GSE’s- in reference to Fannie and Freddie for the purposes of this article) themselves or in mortgages packaged under their names. Read More...
Back to top
Economic Update – Recession Recovery?
By: Cindy Maxwell
Business Development Officer
Starting with the downturn in the economy in 2007 we heard economists debate as to whether or not we were truly in a recession. Read More...
Back to top
International ACH Transactions Coming in September
With the introduction of the IAT on September 18, 2009, your credit union must be prepared to receive these new entries. Read More...
Check Loss Prevention
Checks are governed by state and federal laws and regulations. We find that many credit union employees have only a vague understanding of these regulations. Read More...
Back to top
NACHA Risk Management Alert
NACHA – The Electronic Payments Association – recently issued the attached notice on the risks of malicious software infiltrating computer networks at financial institutions and their business account customers. Read More...
CUNA Mutual Webinar Addresses Credit Union’s Relevance
Credit unions can learn 10 reasons why their relevance to consumers is so important during a free Discovery Webinar offered by CUNA Mutual Group August 25. Read More...
Upcoming Training Webinars
SunCorp’s upcoming training webinars include the following topics: ACH, check laws & regulations and APEX. Read More...
Back to top
SunCorp’s Financial Standing
As of June 30, 2009 |
Assets: |
$2,341,739,949 |
Loans: |
$28,751,241 |
Net Income (YTD) |
$10,082 |
Capital Ratio: |
4.89% |
SunCorp Overnight Rate Average
(Average rates earned in July of 2009) |
Money Market Account: |
Balance < $1 million |
|
alance $1 - $10 million |
0.16% |
Balance > $10 million |
0.20% |
Cash Management Account: |
0.16% |
Paid-In Capital: |
0.25% |
Membership Capital Shares: |
0.25% |
Back to top
SunCorp will be closed in observance of the following holiday:
Labor Day
Monday, September 7, 2009
Please adjust your cash ordering schedule accordingly.
|
