Corporate Certificates
Catalyst Corporate offers its member credit unions a certificate of deposit investment option. These Corporate Certificates are available in small denominations for short terms – rounding out Catalyst Corporate's comprehensive slate of investment offerings – and are exempt from complicated accounting requirements.
Features & Benefits:
- Corporate Certificates help credit unions put excess liquidity to work.
- Instruments can fill gaps in a credit union’s investment ladder.
- Minimum investment per certificate is $100,000.
- Terms available: Daily update of rates for 6 to 48 months. Call for rates on odd terms.
- Interest is paid monthly or at maturity into the credit union’s settlement account.
- Corporate Certificates are exempt from FASB 115 mark-to-market requirements.