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1. Market Commentary
2. Investment Services
3. Correspondent Services
4. Industry News
5. Training & Education
6. Upcoming Events
7. Financial Standing
8. Holiday Schedule
Economic Outlook
By: Mark Schieffer, CFA
EVP Chief Investment Officer
The markets continue to find more solid footing over the last month. The S&P is up about 8% as corporate profits are getting stronger, and Treasury yields are up 5-15 basis points to a high end of the near term trading range. One of the reasons profits are on the rise is the... Read More
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Temporary Corporate CU Share Guarantee Program Extended
On March 4, 2010, the National Credit Union Administration extended the expiration date of NCUA’s Temporary Corporate Credit Union Share Guarantee Program (TCCUSGP) from March 31, 2012 to June 30, 2012...Read More
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Minor Changes to ACH Stop Payment Rules
The National ACH Association (NACHA) has made some minor changes to the ACH rules regarding stop payments on recurring entries....Read More
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Tax Refund Fraud is Among Latest Scams
Credit unions should warn members that tax-filing season brings out tax-preparation frauds. The latest scheme involves...Read More
FFIEC Issues 2009 Mortgage Fraud White Paper
The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, released an updated edition of its white paper today on mortgage fraud detection and deterrence....Read More
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Keep Our Reference Cards Close By!
You don’t need to know everything – just where to find the information! That’s what reference cards are for. More practical than trying to memorize every code...Read More
Upcoming Training Webinars
SunCorp’s upcoming training webinars include the following topics: ACH, check laws, and SunCorp financials.... Read More Back to top
SunCorp’s Financial Standing
As of January 31, 2010 |
Assets: |
$2,484,748,277 |
Loans: |
$18,404,167 |
Net Income (YTD) |
$297,588 |
Capital Ratio: |
2.46% |
SunCorp Overnight Rate Average
(Average rates earned in February of 2010) |
Money Market Account: |
Balance < $1 million |
0.13% |
Balance $1 - $10 million |
0.13% |
Balance > $10 million |
0.25% |
Cash Management Account: |
0.13% |
Paid-In Capital: |
0.00% |
Membership Capital Shares: |
0.00% |
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SunCorp will be closed in observance of the following holidays:
Memorial Day
Monday, May 31, 2010
Please adjust your cash ordering schedule accordingly.
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