In This Issue:
1. Market Commentary
2. Investment Services
3. Correspondent Services
4. Industry News
5. Training & Education
6. Upcoming Events
7. Financial Standing
8. Holiday Schedule

It's a Wonderful Life at SunCorp
By: Charlie Watts
Sales and Marketing Manager

Ah, the holidays! It is that special time of year again. One of my favorite things about the holiday experiences are the great shows and movies that line up on television. There are the holiday specials, the old Rudolph the Red-Nosed Reindeer cartoons, The Christmas Story, and one of my all-time favorites, It’s a Wonderful Life.... Read More...

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MARKET COMMENTARY

Ring in the New Year! Quickly, Please!
By: Brandon Humphryes, CFA
Senior Portfolio Analyst

Is everyone ready to say goodbye to 2009? I wasn’t around for The Great Depression, but the thought of nearly a decade of financial despair worse than the year we’ve all just been through makes me thoroughly appreciative of the people who survived, and ultimately thrived in making the U.S. the economic powerhouse we’ve become today... Read More...

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INVESTMENT SERVICES

Alternative Investments for Your Business/Institutional Members
This new alternative is designed to give credit unions another tool to compete with banks and brokers. Read More...

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CORRESPONDENT SERVICES

Payment System Upgrades Benefit Members
During the past few months, SunCorp has completed upgrades to the APEX ACH System, our SunCapture branch capture software, and the Image Connect System....Read More...

2010 NACHA Rule Books Now Available
SunCorp is now taking orders for the new NACHA Rule Books... Read More...

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INDUSTRY NEWS

Community Credit Unions of the Year
The 2009 Community Credit Union of the Year awards were announced on October 22 at the CUNA’s Community Credit Union and Growth Conference in Las Vegas.Two SunCorp credit union members took the top honors...Read More..

Changes Coming to Overdraft Fee Regulations
The Federal Reserve Board (FRB) recently announced final rules that prohibit financial institutions from charging fees to consumers for paying overdrafts on ATM transactions and one-time debit card transactions...Read More..

FinCEN Issues Spanish-Language Educational Pamphlet on Currency Transaction Reporting
The Financial Crimes Enforcement Network (FinCEN) recently announced the availability in Spanish of its educational pamphlet on the currency transaction reporting requirement.... Read More..

Suzanne Allen Looks Forward to Retirement
After 28 years of service to SunCorp members, Suzanne Allen has announced her retirement from SunCorp....Read More..

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TRAINING & EDUCATION

Self-Paced Online Training Sessions Most Popular
As technology improves and educational methods evolve, most training and education is now done online. At SunCorp, our self-paced online sessions are the most popular training option for most credit unions. Read More...

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FINANCIAL STANDING

SunCorp’s Financial Standing
As of October 31, 2009
Assets:
$2,563,125,935
Loans:
$44,805,075
Net Income (YTD)
$3,602,751
Capital Ratio:
3.21%

SunCorp Overnight Rate Average
(Average rates earned in November of 2009)
Money Market Account:
Balance < $1 million
0.12%
Balance $1 - $10 million
0.12%
Balance > $10 million
0.25%
Cash Management Account:
0.12%
Paid-In Capital:
0.00%
Membership Capital Shares:
0.00%


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HOLIDAY SCHEDULE

SunCorp will be closed in observance of the following holidays:


Christmas Day
Friday, December 25, 2009

New Year's Day
Friday, January 1, 2010

Martin Luther King Day
Monday, January 18, 2010

Please adjust your cash ordering schedule accordingly.

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