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


INSIDE SUNCORP

2011 Survey Results Show SunCorp's Excellent Service
We recently completed our annual member survey, and are excited that our members increased their ratings of our service once again..... Read More

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MARKET COMMENTARY

Economic and Market Review
The ongoing saga of European sovereign debt weakness and its impact on European banks continues to weigh on global interest rates. Austerity measures in Greece and Italy are expected to negatively impact European economic growth prospects..... Read More

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INVESTMENT SERVICES

SimpliCD Expands Offerings
Looking for additional investments for your excess funds? SunCorp recently broadened the scope of CDs offered through the SimpliCD Program.....Read More

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CORRESPONDENT SERVICES

Reminders for Receiving International Wire Transfers
Here are a few reminders on how to handle member requests for receiving international wire transfers....Read More

Order Your 2012 NACHA Rule Books
SunCorp is now taking orders for the new NACHA Rule Books..... Read More

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INDUSTRY NEWS

NACHA Rule Change Should Alleviate ACH Fraud Losses
Effective January 1, 2012, an amendment to the NACHA Operating Rules will provide an option for an RDFI (Receiving Depository Financial Institution) to delay funds availability on suspicious ACH credit entries....Read More

Mitigate Check Fraud Risk with New Online Risk Assessment
Check fraud remains a common and costly type of payment fraud – despite technology advances....Read More

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TRAINING & EDUCATION

New Training Option on Check Returns and Adjustments
We now offer a new online training presentation reviewing procedures for handling returns and adjustments on your share draft and check deposit items....Read More

Upcoming Training Webinars
SunCorp’s upcoming training webinars include the following topics: Government ACH Payments, Domestic Wire Transfer Overview, Check Returns and Adjustments....Read More

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FINANCIAL STANDING

SunCorp's Financial Standing
As of September 30, 2011
Assets:
$1,623,545,317
Loans:
$4,775,479
Net Income (YTD):
$1,730,755
Capital Ratio:
5.96%

SunCorp Overnight Rate Average
(Average rates earned in September of 2011)
Money Market Account:
Balance < $1 million
0.08%
Balance $1 - $10 million
0.08%
Balance > $10 million
0.08%
Cash Management Account:
0.08%
Membership Capital Shares:
0.00%


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HOLIDAY SCHEDULE

SunCorp will be closed in observance of the following holiday:



Thanksgiving Day
Thursday, November 24, 2011

 

Please adjust your cash ordering schedule accordingly.

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