Insights from Catalyst

A strong governance structure is important to credit unions seeking to fulfill their mission effectively. Not surprisingly, technology has provided tools that make it easier to establish a strong governance structure. One advancement that is streamlining credit union governance practices is online board portals.

The FedNow Service has helped revolutionize the payments industry as driving force in the nation's adoption of instant payments. Since the launch of the Federal Reserve's new payments rail, many frequently asked questions have emerged. Check them out.

There is value in a one-stop consumer experience that offers convenience, savings and a wide variety of products and services all under one roof. And the same principle of efficiency and savings can be applied to daily credit union operations, starting at the point of deposit.

In the haunted world of high interest rates, financial institutions face a frightening challenge: the balance between their assets and liabilities. Asset Liability Management is the enchanting art of maintaining this balance, ensuring stability and growth amidst economic changes.

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.