Your savings federally insured and backed by the full faith and credit of the United States Government National Credit Union Administration, a U.S. Government Agency
| Funds Advantage | Rate |
|---|---|
| Tier I ($20MM+) |
0.28% |
| Tier II ($10MM+ < $20MM) |
0.28% |
| Tier III ($5MM+ < $10MM) |
0.28% |
| Tier IV ($0MM+ < $5MM) |
0.28% |
| Other | Rate |
|---|---|
| Super 30 | 0.48% |
| Paid-in-Capital | 1.650% |
| Paid-in-Capital III | 2.250% |
Last Updated 3/10/2010 8:41 AM
Automated Settlement
By utilizing the non-interest bearing Automated Settlement option at Corporate America, credit unions are able to "settle" most of their financial services in one location without the expense of wire fees. Your vendors agree to debit your credit union account with Corporate America. Actual settlement is through your Corporate Funds Account. An entry will be made in your automated settlement account to bring your balance to zero on a daily basis. The balance in your Corporate Funds Account must be sufficient to cover the clearing demands. If monies in the Corporate Funds account are insufficient, resulting in a negative balance, an automatic loan will be generated to cover the negative balance. Because of the automated loan procedure, participating credit unions must maintain a current advised line of credit. The types of activity cleared through automated settlement include:
Coin & Currency

Working with Corporate America allows your credit union to easily obtain coin and currency delivery directly from the Federal Reserve Bank. All you need to get started is to choose a courier. After you've chosen your preferred courier contact Corporate America to obtain the correct forms, complete the forms, and we will forward them to the Federal Reserve. Once the Federal Reserve receives and processes your forms, set up is complete.
After your credit union has signed up for the service, a call to Corporate America is all it takes to get the desired cash. Make sure you contact us before 11 a.m., two days prior to the desired delivery date. Corporate America will place the order directly with the Federal Reserve and currency will be delivered to the credit union via armored car. You can even specify branch delivery disbursement, so that each of your credit union's branches have the currency they need, when they need.
For more information, please contact Corporate America at (205) 313-4300 or
(800) 292-6242 ext.100.
CorPower
CorPower is an interactive web-based product enabling credit unions to receive information on their
accounts and their corporate's products and services in an easy and secure manner. By using the World Wide Web, credit unions may view account balances and transaction history, initiate wires, transfer funds between accounts and also check rates. CorPower is secured by a Fire Wall.
Control Features: