Connect Archive

  • Catalyst Connect - June 21, 2022

    Paramount Pros for Subordinated Debt: Thursday, June 30, Catalyst Corporate will be hosting a Subordinated Debt webinar at 2 p.m. CT. If you are considering a subordinated debt strategy, tune into this session to learn more about the process and pros. Credit unions know it’s paramount to set and achieve their strategic goals. Subordinated Debt can help by building a credit union’s net worth position, supporting stronger lending, and even funding expansion. 

    The Early Bird Catches the Worm...This just in – the Economic & Payments Forum will include four breakfast breakout sessions. These early morning sessions will offer a plated breakfast and information about industry specific solutions. That's not all, if you register by July 19, you’ll save $200 off the full conference fee. Two great reasons to register today!

    2022 is Halfway Over – The Mid-Year Economic Update has Arrived Just In Time: If you thought volatility and uncertainty were left behind in 2021, think again. It seems that 2022 has only magnified the amount of volatility and uncertainty the economy and financial markets are facing. The Mid-Year Economic Update contains a full review of the past six months.

    The Myths & Truths of Loan Participations: When it comes to buying loan participations, some credit unions are uncertain if the pools are risky. There are several myths and truths surrounding the process of purchasing loan participations.

    Events & Training Webinars: ACHOne Origination (June 29), ACH Risk Management (July 13 – Eligible for AAP credit), PayMōli (July 20), TranzCapture for ATM (July 27), TranzCapture for Branch (August 3), TranzCapture for Business (August 10), TranzCapture for Mobile (August 17) and Deposit Fraud Services: Early Warning® Deposit Chek® & Advanced Fraud Solutions TrueChecks® Services (August 24).


  • Catalyst Connect - June 14, 2022

    Catalyst Corporate Featured in FedNow ServiceSM Provider Showcase: Catalyst Corporate announces participation in the FedNow Service Provider Showcase – the Federal Reserve’s online resource designed to connect financial institutions and businesses looking to adopt the FedNow Service with service providers that can help them implement a comprehensive faster payments strategy.

    Need to Improve your CU's Net Worth? If you are considering a subordinated debt strategy, tune into the Subordinated Debt Overview webinar to learn more about the process and to determine whether this solution makes sense for your credit union.

    Juneteenth Closure: Catalyst Corporate will be closed Monday, June 20 in observance of the Juneteenth federal holiday. We will resume regular business hours Tuesday, June 21.

    Beat the Heat with Catalyst Training: Catalyst Corporate has a dozen service training opportunities in the next few months. We recently added three industry-specific opportunities to learn: subordinated debt overview, current fraud trends and the annual Economic & Payments Forum. Read more about these cool summer events and register today!

    Events & Training Webinars: ACHOne Receipt (June 15), ACHOne Origination (June 29), ACH Risk Management (July 13 – Eligible for AAP credit),  PayMōli (July 20), TranzCapture for ATM (July 27), TranzCapture for Branch (August 3), TranzCapture for Business (August 10) and TranzCapture for Mobile (August 17).

      

  • Catalyst Connect - June 7, 2022

    What Do Increasing Interest Rates Mean for Deposit Pricing? Whether it’s at the gas pump or in the supermarket, consumers are already feeling pressed by higher prices on daily necessities. What will this mean for your deposit offering ratesover the same period?

    CNBC Financial Analyst Ron Insana Joins Forum Speaker Lineup: Concerns seem to be mounting that high inflation and rising rates could tip the nation into a recession. Some pundits point fingers at the Fed for being slow to respond, but CNBC Senior Analyst and Commentator Ron Insana sees it differently.

    Student Loans Fund the Gap Between Financial Aid and College Expenses: Catalyst Corporate, in partnership with Sallie Mae, offers a private student loan referral program that provides education loans at no cost to your credit union and generates fee income on each originated loan. Learn more at our upcoming webinar.

    Contingency Communications Exercise Tomorrow: Catalyst Corporate recently updated its Contingency Communication Guidelines for credit unions and associates. Take a moment to review, as the next exercise is Wednesday, June 8 at 10 a.m. CT.

    Events & Training Webinars:  ACHOne Administration (June 8), Student Loan Program Overview 2022 (June 9), ACHOne Receipt (June 15), ACHOne Origination (June 29), ACH Risk Management (July 13 – Eligible for AAP credit),  PayMōli (July 20), TranzCapture for ATM (July 27) and TranzCapture for Branch (August 3).

     

  • Catalyst Connect - May 31, 2022

    Supporting the Underserved through Faster Payments: Inflation is on the rise – prices rose 8.3% in April, compared to 2021 – just shy of the biggest year-over-year gain since December 1981. The cost to borrow money is increasing as well. That’s why the U.S. Faster Payments Council (FPC) is committed to finding ways to support unbanked and undeserved consumers.

    Student Loan Program OverviewNow is the time to start preparing for the rush of students searching for student loans. Catalyst Corporate has you covered with education loans from Sallie Mae. Join Catalyst Corporate and Sallie Mae for a webinar to learn about current trends in student lending and an overview of the Sallie Mae private student loan referral program.

    Loan Participations – A Winning Strategy for All:
    Jeff Hamilton, Catalyst Corporate Vice President of Member Credit, spoke at the recent CUNA Finance Council Conference at Caesars Palace in Las Vegas, Nevada. His session, on Monday, May 23, focused on loan participations as a winning strategy for credit unions.

    Prepare and RefreshCatalyst Corporate recently updated its Contingency Communication Guidelines for credit unions and associates. Please take time to review them. The next exercise is Wednesday, June 8 at 10 a.m. CT.

    Hooray, Q2 SCAN is Here: If you can’t wait for your second quarter SCAN publication to arrive in the mail to access the latest Catalyst Corporate news, check out the can't-miss content online.

    Events & Training Webinars:
      ACHOne Administration (June 8), Student Loan Program Overview 2022 (June 9), ACHOne Receipt (June 15), ACHOne Origination (June 29), ACH Risk Management (July 13)  PayMōli (July 20) and TranzCapture for ATM (July 27).


  • Catalyst Connect - May 24, 2022

    Finding 'Win-Wins' in Today's Labor Market: According to the Bureau of Labor Statistics, more than 47 million Americans quit their jobs in 2021 – the most resignations in a single year on record. Tara Sinclair, a macroeconomist and professor of economics and international affairs at George Washington University provides her insights on the labor market.

    FRB to Survey Financial Institutions on Instant Payments: The Federal Reserve Banks have announced their plan to send an Instant Payments Assessment to all U.S. financial institutions in the coming days. The purpose of the 10-question survey is to define the vendor landscape and use cases in place to support the Federal Reserve’s FedNow℠ Service, currently under development.

    Service Fee Waiver Posts on Invoices TodayAs a reminder, Catalyst Corporate is waiving all recurring monthly service fees for member credit unions, leagues and CUSOs on your April 2022 billing invoice, which posts today, Tuesday, May 24.

    In Times of Uncertainty, Interest Rate Swaps May Be an Answer: Uncertainty is all around us. Global pandemics, the economy, inflation – so much of what lies ahead is hard to predict. And, this uncertainty is pushing interest rates higher.

    Catalyst Corporate Will Close to Honor Memorial DayIn remembrance of all who gave the ultimate sacrifice for this country, Catalyst Corporate will close on Monday, May 30. We will re-open on Tuesday, May 31 for regular business hours. Have a safe and enjoyable weekend.

    Events & Training Webinars:
      Funds Transfer Services (May 25), ACHOne Administration (June 8), Student Loan Program Overview 2022 (June 9), ACHOne Receipt (June 15), ACHOne Origination (June 29), ACH Risk Management (July 13) and PayMōli (July 20).