Corporates Sign PartnershipDeal

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DES MOINES, Iowa - (06/10/05) -- Iowa Corporate Central CU andMid-States Corporate FCU have entered into what they are calling afinancial partnership, under which Mid-States will provide loanservices, investment products, balance sheet and brokerage servicesto Iowa credit unions through the current Iowa Corporate staff.Iowa Corporate will maintain member relationships, correspondentservices and settlement with its Iowa members. The unusualarrangement will allow Iowa Corporate to maintain its brandidentity, board, headquarters, management and employees, whiletaking advantage of Mid-States' expertise in investment products,loans and other areas.

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