|
1. Market Commentary
2. Investment Services
3. Correspondent Services
4. Industry News
5. Training & Education
6. Upcoming Events
7. Financial Standing
8. Holiday Schedule
SunCorp 2010 Annual Meeting
SunCorp held its 32nd annual membership meeting on May 25, 2010, in Westminster, Colorado. Chairman Mark Lau, President of Denver Fire Department FCU in Denver, Colorado, presided over the meeting....Read More
Access Staff Expertise at SunCorp
Again this month, we feature three more employees who work with credit unions on a daily basis. The names and voices may be familiar, but you have probably never seen them. Here is some background on these...Read More
Back to top
A Conversation With Mark Schieffer
This month we are offering an audio version of the monthly market commentary with Mark Schieffer, SunCorp’s Executive Vice President and Chief Investment Officer.... Read More
Back to top
Securities Settlement and Safekeeping Program
Selecting safe, sound investments is key to a successful credit union investment portfolio. Just as important is selecting a safe and sound provider for settlement and safekeeping of your investments. Through SunCorp’s Settlement and Safekeeping Program, your credit union has access to convenient, dependable settlement...Read More
Option Adjusted Spread and Total Return Analysis
Credit unions have been increasing their investments in agency securities over the past couple of years. In the second half of 2009, dollars invested in federal agency securities by credit unions in the four states...Read More
Back to top
Wire Transfer Reminder
Wire transfers are designed for large, same-day funds transfers to accounts at other financial institutions. Smaller transfer amounts...Read More
Back to top
NACHA’s Direct Access Registration Rule
In 2008, the National ACH Association (NACHA) requested that all financial institutions registered their Direct Access status. Originating Depository Financial Institutions (ODFI) are now required to register...Read More
Revised BSA Examination Manual
The Federal Financial Institutions Examination Council (FFIEC) has released the revised Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual....Read More
Treasury Goes Green
The U.S. Department of the Treasury has announced a broad new initiative to dramatically increase the number of electronic transactions that involve Treasury and millions of citizens and businesses, a move that is expected to save more than...Read More
Back to top
New Quick Reference Card
Our SunPower IP System is designed for credit unions to retrieve share draft clearing files, and submit share drafts return requests back to SunCorp....Read More
Upcoming Training Webinars
SunCorp’s upcoming training webinars include the following topics: Payment Systems Fraud Prevention, Funds Transfer Security, ACH, and SunCorp financials.... Read More Back to top
SunCorp’s Financial Standing
As of March 31, 2010 |
Assets: |
$2,649,562,130 |
Loans: |
$11,984,407 |
Net Loss (YTD) |
($6,559,645) |
Capital Ratio: |
2.06% |
SunCorp Overnight Rate Average
(Average rates earned in April of 2010) |
Money Market Account: |
Balance < $1 million |
0.20% |
Balance $1 - $10 million |
0.20% |
Balance > $10 million |
0.25% |
Cash Management Account: |
0.20% |
Paid-In Capital: |
0.00% |
Membership Capital Shares: |
0.00% |
Back to top
SunCorp will be closed in observance of the following holidays:
Memorial Day
Monday, May 31, 2010
Please adjust your cash ordering schedule accordingly.
Back to top |
