|
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's 2010 Annual Meeting
Join SunCorp for our 2010 Annual Meeting on May 25 at 11:30am at our office in Westminster, Colorado. There are 3 nominations for 3 open seats on the Board of Directors. Attendees may stay after the meeting for a box lunch and short Q&A with Board Members and SunCorp Executives.....Read More
Access Staff Expertise at SunCorp
This month, we feature three employees who work with credit unions on a daily basis. You have probably talked with them on the telephone, but have never seen them.....Read More
Volunteer and Staff Demonstrate Service Culture
SunCorp employees adhere to the credit union philosophy of People Helping People and demonstrate a service culture both on and off the job. In February, SunCorp employees helped raise over $1,000 for emergency dental care for a small village in Haiti.....Read More
Back to top
Economic and Market Review for April 13, 2010
By: Mark Schieffer, CFA
EVP Chief Investment Officer
We’re starting to see a bit more volatility in the rates markets as the economy shows some signs of recovery (4% GDP growth this quarter?), the Fed and Treasury are shuttering support programs, and traders begin to speculate more heavily about how long we will have sub 1% overnight rates.... Read More
Back to top
Mortgage Backed Securities Basics
Understanding mortgage backed securities can be a monumental task for the less experienced portfolio manager. Often times they stick to investments that they are much more familiar with and easier to understand and manage from a risk standpoint....Read More
Back to top
New ACH Risk Assessment Requirements
In June, the National ACH Association (NACHA) will implement a new rule requiring financial institutions to conduct an ACH risk assessment, and implement risk management programs based on the results of the assessment....Read More
Back to top
Updated Retail Payment Systems Booklet
The Federal Financial Institutions Examination Council (FFIEC) last month issued updated guidance for examiners...Read More
Help Elderly Avoid Fraud
BITS, a financial service industry consortium, has released a paper on how financial institutions can help the elderly avoid financial abuse....Read More
Creating a Risk Management Department
Credit unions are faced with new and emerging risks everyday. To be attuned to current risks as well as new and emerging risks, many credit unions have either developed a risk management department or are considering...Read More
Back to top
SunCasts Provide Quick and Timely Updates
Our SunCasts are brief presentations on timely topics of interest to our member credit unions. Most of the recorded sessions last no more than 5 or 6 minutes....Read More
Upcoming Training Webinars
SunCorp’s upcoming training webinars include the following topics: Investments, Funds Transfer Security, Security Safekeeping, ACH, and SunCorp financials.... Read More Back to top
SunCorp’s Financial Standing
As of February 28, 2010 |
Assets: |
$2,840,624,169 |
Loans: |
$13,026,827 |
Net Income (YTD) |
$580,788 |
Capital Ratio: |
2.41% |
SunCorp Overnight Rate Average
(Average rates earned in March of 2010) |
Money Market Account: |
Balance < $1 million |
0.16% |
Balance $1 - $10 million |
0.16% |
Balance > $10 million |
0.25% |
Cash Management Account: |
0.16% |
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 |
