Insights from Catalyst

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.