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

Access Expertise at SunCorp
By: Charlie Watts
Sales and Marketing Manager

I want to introduce you to the expertise that SunCorp has in the people that work here. Since these people work for SunCorp, they also work for you. This month I would like to introduce you to two of our experts in the Automated Clearing House Network, better known as simply ACH... Read More

Back to top

MARKET COMMENTARY

On Hold, While We Listen to the Elevator Music Play...
By: Brandon Humphryes, CFA
Senior Portfolio Analyst

It seems that we are all playing the waiting game these days.  There is a staggering amount of cash sitting on the sidelines just waiting to be thrown somewhere when the elevator music stops playing and somebody finally picks up the phone.... Read More

Back to top


INVESTMENT SERVICES

Finding Relative Value Among Agency Step-Up Investments
Credit unions essentially have four practical choices for investing their excess liquidity, other than loans: 1) cash, 2) corporate credit union certificates, 3) insured CDs issued by financial institutions, and 4) federal agency notes. Read More

Back to top


CORRESPONDENT SERVICES

Secure Computing for Financial Transactions
We strongly recommend several computer security settings and control procedures as part of your efforts to secure your sensitive data and transactions...Read More

2010 NACHA Rule Books Now Available
SunCorp is now taking orders for the new NACHA Rule Books... Read More

Back to top


INDUSTRY NEWS

Upcoming ACH Rule Changes
Effective March 21, 2010, the NACHA Operating Rules will be amended to clarify some of the authorization, returns, and stop payment provisions...Read More

Financial Regulators Issue Interest Rate Risk Advisory
The Federal Financial Institutions Examination Council (FFIEC) released an advisory on January 7, 2010 reminding institutions of supervisory expectations for sound practices to manage interest rate risk (IRR)....Read More

NACHA Bulletin - Business Account Takeovers
Corporate (business) account takeover is a type of cyber-crime that is targeting small business customers of financial institutions....Read More

Back to top


TRAINING & EDUCATION

CUNA Mutual Wire/ACH Transfer Fraud Webinar
On February 10 th, join CUNA Mutual for an in-depth look at one of the hottest fraud trends in the industry today....Read More

Upcoming Training Webinars
SunCorp’s upcoming training webinars include the following topics: ACH, check laws & regulations and APEX. Read More

Back to top


FINANCIAL STANDING

SunCorp’s Financial Standing
As of November 30, 2009
Assets:
$2,474,448,149
Loans:
$48,000,935
Net Income (YTD)
$4,347,205
Capital Ratio:
2.91%

SunCorp Overnight Rate Average
(Average rates earned in December of 2009)
Money Market Account:
Balance < $1 million
0.12%
Balance $1 - $10 million
0.12%
Balance > $10 million
0.25%
Cash Management Account:
0.12%
Paid-In Capital:
0.00%
Membership Capital Shares:
0.00%


Back to top


HOLIDAY SCHEDULE

SunCorp will be closed in observance of the following holidays:

Presidents' Day
Monday, February 15, 2010

Please adjust your cash ordering schedule accordingly.

Back to top