Membership
A Top Corporate With Staying Power
As consolidation of the corporate network continues, it is important to build a long-term relationship with a corporate that has the infrastructure, talent and leadership to play a role in our industry's future. Southeast Corporate has the financial stability and product mix that will allow us to serve you today and into the future.
Competitive Rates and Investment Expertise
Southeast Corporate's investment team has combined experience of more than 100 years and is insightful and responsive dealing with members. We consistently offer some of the most competitive rates in the corporate network and have a mix of investment offerings including both on-balance sheet and off-balance sheet products.
Building The Products & Services of Tomorrow
Because of our close relationships with our members Southeast has been able to be a leader in developing the products and services members need in order to be successful. You could almost describe products like our image capture products, ALM modeling and MemberGuard compliance services as "built for credit unions, by credit unions." From business services, to our own core operating system for member credit unions, Southeast Corporate is by your side.
Where Relationships Matter
At Southeast Corporate personal service and building long-term relationships are at the forefront of how we conduct ourselves. We rate ourselves on our ability to be an expert, trusted partner with our members and take pride in their success. Our teams of financial strategists, member relationship managers, and senior officers maintain regular contact with members.
Membership Requirements
Southeast Corporate's requirement for membership equals an initial funding of 1/10 of 1% of total assets, with a maximum of $2.0 million, is required in a Membership Capital Account (MCA) for Regular membership. This is adjusted annually on February 1, based on the member's average deposits (not including Membership Capital Accounts and Paid-In-Capital), for a full year ending December 31. The calculated adjustment will equal 4% of the member's average deposits. A minimum of 1/10 of 1% of the member's total assets will apply.
Associate Membership is also available to credit unions who make investments with Southeast Corporate and place $1000 in a transaction account. To learn more about associate membership you can request a membership packet or call one of our member service representatives at 1-800-342-0203 option 1.
Membership Forms
Membership Application
Complete this application to become a member of Southeast Corporate. Member capital share deposits are required to become a member.
Associate Member Account Application
Complete this application to open an account at Southeast Corporate as an associate member. Member capital share deposits are not required.
Membership Capital Shares Agreement
This agreement indicates the terms and conditions for funding a member capital share account, and is required to qualify for full membership with Southeast Corporate. Full membership means you can take advantage of any of our correspondent, investment and liquidity services.
Expedited Authorization Form
Complete this authorization form along with the appropriate membership application to open an account with Southeast Corporate.
