To take advantage of the many correspondent opportunities that Corporate America offers, an eligible credit union must have a Corporate Funds Account.  The Corporate Funds Account is your credit union's primary transaction account.  All automated settlement clears through the Corporate Funds Account. 

Your credit union's Corporate Funds Account is an interest-bearing account.  The daily accrual interest rate is based on our Relationship Pricing. 

The deadline to access this account is 3 p.m. for wiring funds and 1 p.m. to transfer funds to another Corporate Account.  After 3 p.m., any funds in the account are considered committed to the next business day.  We do request that you notify us by 1 p.m. of the intent to deposit or withdraw funds from this account.  We are required to make our investment decisions by 1 p.m. and your notification will assist us greatly in our cash management. 

For further information regarding this account please contact Corporate America at (205) 313-4300 or (800) 292-6242 ext.100.