Insights from Catalyst

To support growth and career development, Catalyst welcomed six young professionals (YPs) to join this year's Strategic Summit as “crashers.” Following Summit, Catalyst asked the crashers to share their conference takeaways.

Loan participations offer credit unions a flexible and strategic way to manage loan portfolios, diversify risk and enhance liquidity. Today’s market provides sellers with multiple avenues to reach potential buyers. The two primary approaches are direct placement, a 1:1 strategy, and placement in a marketplace, providing broad visibility to many potential buyers.

October is Cybersecurity Awareness Month (CAM), a timely reminder of the ever-present online security threats. Fortunately, as cybersecurity tactics continue to evolve, emerging technology, such as Artificial Intelligence (AI), present new methods of effectively combatting them.

Halloween brings incantations of ghastly displays and haunting celebrations; similarly, financial markets seem to be concocting a brew of transformation. The recent slashes to interest rates have brought significant changes for credit unions, especially with regard to their assets and liabilities.

Recently, Catalyst hosted an interactive webcast titled “FedNow® Service Essentials: Use Cases and Industry Adoption,” with subject matter experts from credit union service organization (CUSO) Origence®. Catalyst’s Justin Lutes moderated the discussion where panelists detailed current use cases of the FedNow Service, with a key emphasis on indirect lending within the auto landscape, specifically with new electric vehicle sales.