News & Insights
October marks the beginning of Cybersecurity Awareness Month (CAM), a timely reminder of the ever-present threat landscape that financial institutions like Catalyst must navigate. For the eighth consecutive year, Catalyst Corporate will participate as a CAM Champion, emphasizing the importance of safeguarding sensitive financial information and educating members and employees on best practices.
This year’s Economic & Payments Forum came with a few announcements and crucial insights into the challenges credit unions may face due to the current economic environment.
As seasons change, so does the financial landscape, leaving today’s credit unions with an abundance of new challenges to navigate. Results from Catalyst Corporate’s recent Member Insights Survey (MIS) show that attracting deposits and managing liquidity emerged as credit union professionals' top-rated objectives this yea
To foster growth and career progression, Catalyst Corporate invited five young professionals (YPs) to participate as “crashers” at this year's Economic & Payments Forum in Plano, Texas. Following the Forum, Catalyst asked the crashers to share their conference takeaways. Here are a few of their comments:
For its 8th year, Catalyst Corporate has signed on as a Champion for Cybersecurity Awareness Month (CAM) 2023. Celebrated every October, CAM promotes cybersecurity awareness and best practices.
Liquidity management is especially important when faced with uncertain economic conditions. In these scenarios, historical events and trends are often the best teachers. The 2008 financial crisis might be one of the most studied financial events in history, and it continually proves to be a cautionary tale to reflect on.
When liquidity tightens, credit unions begin hearing recommendations to perform a core deposit study or deposit analysis, but executives may wonder how much value they add. Value derived from a core deposit study is directly proportional to the way your credit union manages the balance sheet.
The FedNow® Service is a new instant payments rail that will redefine the way your members make payments. The FedNow Service represents the first new payment platform introduced by the Federal Reserve since the inception of ACH back in the early 1970s. This new payment network is designed to seamlessly facilitate instant payments throughout the United States.
Catalyst has seen a sharp uptick in derivative trading activity through the first half of 2023, and it appears more than just Catalyst clients are increasing their trading activity. Since the end of 2019, total derivatives outstanding have increased from $13.2 billion to almost $34 billion as of March 31, 2023.
Subordinated debt usage has exploded over recent years. Since the end of 2017, total outstanding subordinated debt has increased from $223.5 million to over $3.6 billion.