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Corporate Central Pays 7% Dividend

We are thrilled to announce that we will pay member credit unions a 7% dividend on all perpetual contributed capital (PCC) balances for the month of December. The payment is the highest in Corporate Central’s history and will be paid to member credit unions on December 31, 2017.

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Our Family of CUSOs

Emergifi provides credit union technology solutions that improve productivity and security, and reduce costs and risk - learn more at emergifi.com. According to a new video released by InterLutions, credit unions can now access healthcare big data that will help HR staff create more attractive and affordable employee benefit packages. And QuantyPhi is here to help take maximize day-to-day balance sheet performance.

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A Great Read

ATMs remain the leading touch-point for a financial institution to interact with account holders. The quality of the ATM cardholder experience drives loyalty. As ATM malware continues to spread globally, security experts advise financial institutions and other ATM deployers to update to Windows 10 as soon as possible to address the software vulnerabilities of previous operating systems. Better security = better bottom line.

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Credit Unions Connect

Capital Credit Union hosted a bake sale to benefit a local animal sanctuary and Ascentra Credit Union spent time volunteering for River Bend Foodbank's Fill the Bowl event. 

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Did You Know?

Public agencies and businesses can provide credit unions with valuable sources of deposits. Those deposits often require supplemental collateral because the amounts exceed NCUA coverage. Corporate Central can provide a useful alternative to pledging securities to collateralize those deposits, by providing members with a Letter of Credit. To learn more about our low-cost, convenient solution contact John Hickey at (800) 242-4747 ext 156, or join us on January 23, 2018 at 11am CT for a free webinar.

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FUNdraising

Corporate Central staff were thrilled to be able to make the Christmas season a little bit brighter for many children who might not have otherwise experienced the joy of the holidays by donating new toys to The Christmas Clearing Council of Waukesha County.

Staff were equally generous in non-perishable food donations to Feeding America Eastern Wisconsin. For nearly 35 years, Feeding America has worked with members and partners to feed the hungry.

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What's New & Who's Who

Congratulations to Stephanie Schmidt, Manager Member Services for passing the Accredited ACH Professional (AAP) exam! We're so proud of you! And welcome to the team, Ryan McMillan, Senior Systems Engineer. We're happy to have you on board!

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A Note from Chris

We’re grateful, humbled and downright thrilled to have shared another successful year together! Through your steadfast commitment and partnership, 2017 was a year of outstanding progress. We kicked off the year by eliminating over 100 member charges from our fee schedule – to deliver fee relief in a thin-margin market. In the second quarter, we launched two brand new CUSOs to assist members with their technology needs (Emergifi) and balance sheet optimization goals (QuantyPhi). Our communication and educational efforts doubled-down with the launch of four new websites, six new social media sites, and 40 educational events. And because of your tremendous support, the Board of Directors at Corporate Central approved a 7% dividend on all PCC balances for the month of December, a record-high dividend.

What we are equally proud about, are the positive results from our Member Satisfaction Survey. Corporate Central increased our Net Promoter Score (NPS) to earn an 81.3, one of the highest scores in the financial services sector. The fact that you, our members, rate Corporate Central as “a name I can trust” as our highest attribute is something we do not take lightly. Thank you!

Here’s to a prosperous and wildly successful 2018!

Chris Felton
President/CEO

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FUNdraising

In honor of Veterans Day, Corporate Central partnered with an event called Christmas with the Vets. Corporate Central staff rallied around this great cause and together filled the donation bins with much needed items.

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A Great Read

Today, your company is capturing an unprecedented volume of information – including vast amounts of unstructured data such as files, images, videos, blogs, clickstreams, and geo-spatial data.

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Corporate Central Credit Union
6262 South Lowell Place, Muskego, WI 53150
Phone: (800) 242-4747 | Fax: (414) 427-3700
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