Catalyst Corporate’s weekly member newsletter addresses issues of interest to credit unions and provides important updates about Catalyst Corporate services and programs. Articles from recent issues are available by clicking on the titles below.
Catalyst Connect – April 25, 2017
Catalyst Connect – April 18, 2017
The Balance Beam of Liquidity Risk: A decade ago, many financial institutions considered liquidity risk a lower-tier risk. Mark DeBree, Vice President of ALM Services at Catalyst Strategic Solutions, explains why proper management of liquidity risk is a must for credit unions today.
When Members Have Questions… Get Insights from Catalyst. In the latest blog post, Catalyst Corporate's Senior Investment Officer, Sarina Freedland, answers questions credit union members may have about a rising-rate environment.
Stay Ahead of the Curve: Is your credit union keeping up with mobile banking trends? Check out "Lessons From the World's Mobile Experience Leaders" – a free webinar led by StrategyCorps’ Dave DeFazio – to see how companies like Starbucks and Uber are radically redefining the mobile experience.
Spring Events and Opportunities: Lessons from the World’s Mobile Experience Leaders (April 28), CUBG’s Commercial Real Estate Lending for Credit Unions (Portland, OR, May 2-3), Funds Transfer Services (May 17) and Deposit Chek® Reports on TranZact (May 24).
Catalyst Connect – April 11, 2017
Making the Most of Mobile: If you believe mobile services and millennials are important to the future of our industry, we’ve got to do a better job of learning their language, StrategyCorps' Dave DeFazio told a credit union audience last week. How can we do better? He shared a few ideas…
Siems Joins Forum Lineup: Federal Reserve economist and storyteller Thomas Siems joins the list of presenters at Catalyst Corporate’s 40th annual Economic Forum, set for Oct 2-4 at the Omni Mandalay Hotel in Las Colinas.
Manage Interest Rate Risk with Derivatives: Hedging risk with derivatives is uncharted territory for many credit unions. Find out how they work, how to make them part of your ALM framework and what NCUA guidance says about them at an upcoming webinar.
Training Opportunities: Corporate Checking & Positive Pay (April 19), Lessons from the World’s Mobile Experience Leaders (April 28) and CUBG’s Commercial Real Estate Lending for Credit Unions (Portland, OR, May 2-3).
Catalyst Connect – April 4, 2017
Members Hate to Wait? When a debit card is lost, stolen or compromised, it may take up to two weeks to receive a new permanent card in the mail. But with Catalyst Corporate’s Temporary Instant Debit Card service, credit unions can give members a new card immediately.
Yield Curve Ahead! Overnight rates are on an upward trend, and Treasury yields are poised to follow. Some credit unions are wondering whether to stay in cash and limit investment terms. Catalyst Corporate's Senior Investment Officer explains how "rolling down the yield curve" may be a relevant strategy for a credit union's investment portfolio.
What a Year! In 2016, Catalyst Corporate exceeded financial targets, launched new services and enhancements and added members. As a follow-up to the annual meeting, Catalyst Corporate’s 2016 audited financial statements and annual report are now available for review.
Upcoming Education and Training: Student Loan Program Overview (April 6), TranZact Basics for the User (April 12), Corporate Checking & Positive Pay (April 19), CUBG’s Commercial Real Estate Lending for Credit Unions (Portland, OR, May 2-3) and Manage Rising Rates with Derivatives ( May 11).
Catalyst Connect – March 28, 2017
Catalyst Connect – March 21, 2017
Cut Fraud with CardNav: Card fraud remains a big concern for many credit union members. Catalyst Corporate's Card Services program protects members from fraudulent activity with CardNav – a service giving debit and ATM cardholders the ability to turn on and off their cards, set controls and receive alerts.
Insights from Catalyst: Stress. It’s just one syllable, but it could have a disastrous effect on one’s mind, body and soul. A stressed balance sheet could be just as detrimental to a credit union and its members. See the important role liquidity stress testing plays. Check out Catalyst Corporate's new blog – Insights from Catalyst.
ALM Services Take Center Stage: Sit back and enjoy the show! Watch Catalyst Strategic Solutions' four new videos (look for the film icon under "Resources" at the bottom of the page) to learn what your peers are saying about ALM services.
Upcoming Education and Training: Student Loan Program Overview (April 6), TranZact Basics for the User (April 12), Corporate Checking & Positive Pay (April 19) and CUBG’s Commercial Real Estate Lending for Credit Unions (Portland, OR, May 2-3).
Catalyst Connect – March 14, 2017
Catalyst Connect – March 7, 2017
Get Cash Management ‘Just Right’: Hindsight may be 20/20, but with Catalyst Corporate’s Vault View service, foresight is spot-on, as well. Interest rates are on the rise, and it’s imperative that credit unions look closely at their cash management strategy.
Your Business is Our Business: Designed specifically for business members, Catalyst Corporate's Business Capture remote deposit service provides a significant competitive advantage over local banks’ commercial deposit services.
Thinking About Student Loans? As high school seniors begin investigating tuition funding options for college, credit unions should begin investigating student loan solutions, too. Catalyst Corporate and its partner, Sallie Mae®, will hold a complimentary webinar for credit unions considering adding Sallie Mae student loans to their service portfolio.
Upcoming Educational Opportunities: ACH Rules – Returns & Exception Processing (March 22), Student Loan Program Overview (April 6), TranZact Basics for the User (April 12) and Corporate Checking & Positive Pay (April 19).
Catalyst Connect – February 28, 2017
Catalyst Connect – February 21, 2017
Catalyst Connect – February 14, 2017
Catalyst Connect – February 7, 2017
Timeless Conundrum? Modern Solution: Checking accounts aren’t what they used to be – and that could be good for credit unions. Read how Catalyst Corporate's Checking with Benefits offers a solution to the declining financial productivity of checking accounts.
Your Source for Everything ACH: Have questions about Phase 2 of Same-Day ACH? Want to register for Catalyst Corporate's ACH webinar series? Check out the latest ACH Advisor and stay in-the-know about all things ACH.
Lock Down Information Security: Credit unions often lack the internal resources to manage ongoing information security. Digital Defense, Inc., Catalyst Corporate's partner for information security, works with more than 800 credit unions to identify vulnerabilities that open the door to cyber-criminals and hacktivists. See how DDI recently helped one credit union bolster its data protection efforts.
March Training Opportunities: TranZact for the Accounting Department (March 8), Cash Services (March 15), CUBG’s Business Lending Bootcamp (March 21-22) and ACH Rules – Returns & Exception Processing (March 22).
Catalyst Connect – January 31, 2017
Differentiation is Key to Mobile Banking: Differentiation may be one reason 15 percent of banks and credit unions with mobile banking apps changed vendors in 2016, 2015 and 2014. See how Catalyst Corporate is helping credit unions stay on top of mobile banking trends and technology.
Howdy, Partner: Catalyst Corporate values partner relationships with CUSOs that provide high-quality training and educational opportunities. CU Business Group is one CUSO that offers year-round learning opportunities for credit union staff, including its upcoming Business Lending Bootcamp.
The Future of Freddie and Fannie: While the new administration may bring change to housing finance reform, no one knows what that will look like. Dan Abdill, Senior Investment Officer for Catalyst Corporate, explains what the future could hold for the housing finance market.
Upcoming Educational Opportunities: TranZact Administration (February 8), Share Drafts (February 15), ACH Rules – The Basics (February 22) and TranZact for the Accounting Department (March 8).
Benefit from a Brokerage Account: Credit unions have unique needs, and having a brokerage partner who understands these needs is refreshing. Catalyst Corporate, in partnership with credit union-owned CU Investment Solutions (ISI), delivers customized portfolio strategies through its experienced team of registered representatives.
Extra! Extra! Read All About It! Catalyst Corporate’s experts have a lot to say, and they’re using the CU Resources blog to spread those messages. Read their guest-blog posts, published the last Thursday of each month since August 2016.
Calling All Executives: Catalyst Corporate's brief Quarterly CU Confidence Survey closes TONIGHT (January 31) at midnight. Through your answers, the survey measures the attitudes of credit union CEOs nationwide regarding the economic environment.
Upcoming Training Opportunities: TranZact Administration (February 8), Share Drafts (February 15) and ACH Rules – The Basics (February 22).