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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
SunCorp Completes Successful Capital Raise
SunCorp announced on September 14, the successful capital raise toward meeting the requirements of regulation 704. SunCorp raised more than $60 million in new capital subscriptions from 176 members and is looking to add more of both as credit unions .....Read More
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Economic and Market Review
The U.S. economy appears to have downshifted during the debt ceiling limit debate and aftermath. Avoiding a recession during the next 6-12 months will seem like a victory..... Read More
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Investments: Option Adjusted Spread (OAS) and Total Return Analysis (TRA)
Credit unions have been increasing their investments in agency securities over the past couple of years....Read More
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Problems Continue with Wire Transfer Scams
We continue to see wire transfer fraud losses at credit unions – mostly regarding transfers from HELOC accounts.....Read More
September ACH Rule and APEX System Changes
We remind credit unions about the September 2011 ACH rule changes, and the potential impact on your ACH operations....Read More
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Fraudulent Emails Appearing to Come from NACHA
NACHA requests that financial institutions, billers/merchants, and payment providers ensure that their frontline staff — those who interact with customers — understand the sustained and evolving nature of these attacks....Read More
Corporates Continue Working Together to Transition U.S. Central Bridge Services
Representatives from many of the nation’s corporates met in Lenexa, KS in early September to explore various options regarding continued operation of the payments products provided to corporates by U.S. Central Bridge.......Read More
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CUNA Mutual ACH Fraud Webinar Recording
CUNA Mutual Group conducted a webinar on August 17 discussing ACH fraud prevention. Ann Davidson, Risk Manager at CUNA Mutual, reviewed ACH fraud challenges and trends, potential ACH risk exposures, and common prevention tips.....Read More
Upcoming Training Webinars
SunCorp’s upcoming training webinars include the following topics: SunCorp Financial Update, BSA & OFAC Compliance Overview, etc.... Read More Back to top
SunCorp’s Financial Standing
As of July 31, 2011 |
Assets: |
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Loans: |
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Net Income (YTD): |
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Capital Ratio: |
2.35% |
SunCorp Overnight Rate Average
(Average rates earned in July 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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SunCorp will be closed in observance of the following holiday:
Columbus Day
Monday, October 10, 2011
Please adjust your cash ordering schedule accordingly.
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