Catalyst News

  • January 25, 2023 The Cost of Liquidity – A Deeper Dive
    Liquidity conditions are a pendulum swing of challenges for many credit unions. Prior to 2022, credit unions had ample liquidity due to inflow of funds, and liquidity management mostly involved getting the funds deployed to earn a positive return.
     
  • January 20, 2023 CUBG Launches a Strong Line-Up of 2023 Training Opportunities
    CU Business Group, LLC (CUBG), owned by Catalyst Corporate and six other corporate credit unions, is one CUSO that offers year-round learning opportunities for credit union employees.
     
  • January 18, 2023 Advisory Service Maintains Streak of Positives on Annual Survey
    In an effort to gauge satisfaction and ensure quality of service, Catalyst Strategic Solutions surveys its Advisory Service clients on an annual basis. Each year, the results are consistently around a 90 NPS and this year is no different.
     
  • January 13, 2023 Work Hard, Train Harder – Catalyst’s 2023 Training Schedule
    Dates and details for Catalyst Corporate’s 2023 training webinars are now available. There’s a host of complimentary, industry specific education opportunities so you can have your best year yet!
     
  • January 06, 2023 All Aboard – CECL is Here
    Credit unions with fiscal years that began January 1 should now be compliant with Current Expected Credit Loss (CECL), the Financial Accounting Standards Board’s new accounting standard for estimating loan losses. For credit unions, CECL takes effect with the fiscal year that begins after December 15, 2022.
     
  • January 06, 2023 Catalyst Corporate CEO Bruce Fox Highlights 2022/2023 Initiatives in Member Update Video
    As 2023 gets started, take a moment to reflect on last year’s accomplishments and learn more about this year’s strategic plans. Catalyst Corporate’s President/CEO Bruce Fox shares his thoughts on both in the annual Member Update video.
     
  • December 30, 2022 2022 Annual ALM Survey: High Marks for Responsiveness & Knowledge
    The 2022 survey was sent to 267 credit union contacts in October. Catalyst Strategic Solutions received a total of 69 responses for a response rate of 26 percent. The survey respondents represent credit unions of all sizes.
     
  • December 30, 2022 Oh, the Places We’ll Go – 2023 Insights & Outlooks
    In a fast-moving hour, a panel of experts from Catalyst Corporate and Catalyst Strategic Solutions touched on a wide range of economic considerations for 2023, including credit union balance sheet strategies, labor market forecasting and an outlook on the financial market.