Catalyst News

Mortgage lending, together with a strong refinancing market, is working to soften this year’s downturn in loan growth. One way a credit union experiencing strong loan demand can avail itself of adequate liquidity is to sell loan pools through Catalyst Corporate’s loan participation program

Earlier this year, Catalyst Corporate announced an upcoming transition of its 600 ACH service users to a new, robust ACH platform, called ACHOne. This state-of-the-art system serves as a single consolidated hub for all credit union ACH needs, including origination, receipt, returns and same-day transactions.

Catalyst Corporate launched a new automated loan participation exchange platform this week, designed to efficiently bring together credit unions wanting to sell loan pools with a nationwide audience of credit union buyers.

Catalyst Corporate will conduct a new three-week survey to gain a better understanding of the challenges facing member credit unions. The Member Insights Survey, which takes less than four minutes to complete, will be sent to contacts at member credit unions on Monday, July 27.

Bernard Baumohl, a chief global economist at The Economic Outlook Group, is known for being ahead of the curve in assessing the direction of the U.S. and world economy. Baumohl will be among the eight presentations featured during Catalyst Corporate’s virtual edition of the Economic & Payments Forum this year.

What began as a simple request for proposal from Catalyst Corporate for third party ACH services for its members has grown into a much larger opportunity for credit unions across the country to have a seat, and a voice, at the national faster payments table. Such was the message shared by Catalyst Corporate’s Senior Vice President, Chief Operating Officer Brad Ganey in a recent interview with Tamra Gaines, Cornerstone Credit Union League Vice President of Training & Development.