Insights from Catalyst

Credit unions, and more specifically, corporate credit unions, have been Kathy Garner's life for almost 40 years. Just days away from her retirement, she shares a few parting thoughts regarding the people and the industry that have been the focus of her commitment the past four decades.

The Single Security Initiative. You may be unfamiliar with it, but if your credit union sells mortgage pools to the agencies for securitization and/or invests in the agencies’ mortgage-backed securities (MBS), you will see its results.

2018 was another stellar year for the credit union industry. While credit unions are doing well overall, some are facing challenges. Heading into 2019, a key concern for many credit union balance sheets is maintaining liquidity.

Most credit unions have approached increasing deposit rates with a wait-and-see attitude, resulting in below-market rates for as long as possible. The wait may be over as a result of tightening liquidity.

A new round of Same Day ACH (SDA) advancements is on the horizon! Earlier this year, NACHA’s voting membership approved three new SDA rules that will take effect over the next two years.