1. Market Commentary
2. Correspondent Services
3. Industry News
4. Training & Education
5. Upcoming Events
6. Financial Standing
7. Holiday Schedule
What Haven’t We Learned?
By: Brandon Humphryes, CFA
Senior Portfolio Analyst
Just the other day, I was speaking with an acquaintance who works at a mortgage firm. If you looked them up on the internet you can find site after site dedicated to complaints regarding their business practices. Read More...
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Correspondent Services Pricing Changes for 2010
Next year will bring few changes in SunCorp’s pricing for our payment services. Most credit unions will experience little or no change in overall charges, but this will vary based on your product usage. Read More...
SunCapture Check Deposits - Frequently Asked Questions
Our SunCapture (Branch Capture) support staff has developed a short list of the most common questions regarding check deposit processing through our SunCapture system. Read More...
Funds Transfers for Your Members – Wire or ACH?
There are basically two electronic systems for sending funds transfers in the US. Wire transfer systems have been around for much longer, but the newer ACH Network is much larger and growing rapidly. Read More...
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PayItGreen Introduces New Membership Program
PayItGreen, a group committed to educating consumers and businesses about the positive environmental impact of choosing electronic payments, bills, and statements over paper, is introducing a new membership program. Read More..
FinCEN Announces Expanded Outreach Program
The Financial Crimes Enforcement Network (FinCEN) has announced a new outreach program to the nation’s depository institutions with assets under $5 billion intended to build upon knowledge gained from FinCEN’s previous program of meetings and informational visits with larger financial institutions. Read More..
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Check Processing Resource Center
We have now centralized all our check processing training and documentation into one concise website for easy member access. Read More...
Upcoming Training Webinars
SunCorp’s upcoming training webinars include the following topics: ACH, check laws & regulations and APEX. Read More...
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SunCorp’s Financial Standing
As of August 31, 2009 |
Assets: |
$2,393,066,679 |
Loans: |
$58,873,906 |
Net Income (YTD) |
$1,398,473 |
Capital Ratio: |
3.90% |
SunCorp Overnight Rate Average
(Average rates earned in September of 2009) |
Money Market Account: |
Balance < $1 million |
|
Balance $1 - $10 million |
0.15% |
Balance > $10 million |
0.25% |
Cash Management Account: |
0.15% |
Paid-In Capital: |
0.25% |
Membership Capital Shares: |
0.25% |
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SunCorp will be closed in observance of the following holidays:
Veteran's Day
Wednesday, November 11, 2009
Thanksgiving Day
Thursday, November 26, 2009
Please adjust your cash ordering schedule accordingly.
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