News & Insights

It is not every day that a Young Professional (YP) gets to enjoy the same space as C-suite employees, learning and engaging in seminars filled with CEOs, COOs, CFOs and other passionate credit union leaders. In retrospect, I realize how privileged I was to attend Catalyst Corporate's 45th annual Economic & Payments Forum.

Catalyst Corporate reaffirmed its commitment to Cybersecurity Awareness Month (CAM) as a Champion participant for the seventh consecutive year. Founded in 2004, Cybersecurity Awareness Month, held each October, is the world’s foremost initiative aimed at promoting cybersecurity awareness and best practices.

Over the second quarter of 2022, interest rate risk has seen pronounced movement, with many credit unions concerned about the impact on the NEV Supervisory Test. The 0.75% increase in the Fed Funds Target Rate at the June Federal Open Market Committee meeting, due to a hot CPI print, came to the markets somewhat unexpectedly (another followed in July).