Cash Management
Cash Management offers a range of flexible investment accounts designed to help optimize liquidity, enhance yields, and manage cash flow efficiently for credit unions.
From short-term, high-yield options like the Flex Investment Account, to self-managed solutions like the Premier Investment Suite, our diverse account types provide the right balance of liquidity, growth potential, and risk management. Explore our offerings to find the best fit for your financial goals.
Our Flex Investment Account is an account that requires a minimum of $500,000 in order to earn a dividend. It is a short-term investment account with minimum transfers of $500,000 executable on Tuesdays only. If Tuesday is not a business day, members may transfer funds on Wednesday. The Flex Investment Account typically offers higher yields than settlement accounts with a short-term commitment.
Our Money Market Account is an account that requires a minimum of $2 million in order to earn a dividend. Dividends will progressively increase depending on the amount deposited. There are no limits on deposits; however, withdrawals are limited to 3 per month.
Our Plateau Account is a variable rate account that combines settlement and cash management services. Depending on your cash position at the end of the day, your Plateau Account will either pay a dividend on a positive balance or advance a loan on a negative balance. Users can review detailed activity reports and advance settlement loans automatically. Also, dividends increase as deposits increase. As balances grow and the next plateau level is attained, the higher plateau rate is paid on the entire balance.
Our PLUS Account is a floating rate investment account that can adjust daily. It offers enhanced short-term yields while maintaining flexibility. Minimum investment is $500,000 and withdrawals are limited to 4 per month. Excess withdrawals are subject to penalty. Your PLUS Account can be used to enhance yields over the weekend as it offers higher yields than the plateau account.
Our Premier Investment Suite is a self-directed, self-managed package of services that gives you the opportunity to allocate funds between settlement, investment, and loan accounts to maximize returns. You have easy access to excellent overnight rates and the lowest overnight loan rates Corporate Central has to offer.
Our Variable Account is a short-term floating rate investment account with a commitment of at least 30 days. At the end of the commitment period, the funds are automatically transferred to your settlement account. The Variable Account offers a yield that mirrors current market rates.
More Solutions
Security Safekeeping
Security Safekeeping offers credit unions the ability to safekeep their investments with one of the strongest corporate credit unions in the country.
FRB Discount Window
Corporate Central offers correspondent settlement of the Federal Reserve Bank's (FRB) Discount Window advances and payments once a member has established a Discount Window relationship with the Fed.
Broker-Dealer
Corporate Central will partner with your credit union to understand your investment objectives and provide you with suitable risk appropriate investment securities.