CECLution CECLution is your CECL Solution! Coming in 2022!

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News & Events

CECLution - Your CECL Solution!

Big changes are coming for credit unions on accounting for expected credit losses in the future, in the form of CECL. Millennium Corporate will launch a big solution in 1Q2022 - CECLution!

FOMC Statement | December 15, 2021

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. Read more...

The Annual Meeting is Coming Home!

The 2022 Annual Meeting comes to Wichita for the first time EVER! You Gotta Be There!

This is Your Pilot Speaking...

Your FedNow Pilot, that is! Millennium Corporate, along with about 120 other vested parties, was selected to participate in the Federal Reserve Bank FedNow Pilot Program.

Stay Afloat with SimpliCD Online!

Who would've thought SimpliCD could get simpler? Nobody, right! But it is...and it's slick!

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Rates & Commentary

Key Rates
Fed Funds Effective 0.080%
1 Month Libor 0.109%
Secured Overnight Financing Rate (SOFR) 0.040%
Sterling Overnight Index Average (SONIA) 0.197%
Dow Jones Industrial Average (DJIA) 34,539
Millennium Rates
Managed Liquidity
  Tier 1 | $100,000 - $499,999.99 0.05%
  Tier 2 | $500,000 - $9,999,999.99 0.07%
  Tier 3 | $10,000,000 and up 0.10%
Cash Management 0.02%
Perpetual Contributed Capital – Previous Month 0.65%
Overnight Loan Rate 1.00%

Daily Commentary

January 21, 2022

Federal Reserve officials will signal next week they'll raise interest rates in March for the first time in more than three years and shrink their balance sheet soon after, economists surveyed by Bloomberg said.

Full Commentary

Today, Tomorrow, Together