Connect Archive

Learn More About the Fed's New Payment Rail: Catalyst Corporate is your go-to source for the latest faster payments developments, like the recent launch of the FedNow^® Service! Join us for our last scheduled virtual webinar covering faster payment essentials on Thursday, August 3 at 2 p.m. CT. Registration is still open.

Subordinated Debt Growth Continues – Usage Expands as a Strategic Tool: Subordinated debt has increased from $223.5 million to over $3.6 billion since 2017. Subordinated debt is an excellent tool for credit unions with growth potential and capabilities that are restricted by their capital levels. Read more in this week's Insights from Catalyst blog.

Get Cozy with Catalyst Execs at the Forum Fireside Chat: Start off your Forum right with a cozy welcome session. This fireside chat will allow credit union attendees to gain insights from a few of Catalyst Corporate's senior executives, including Brad Ganey, Mike McGinnis and Diana Hennel. Moderated by President/CEO Bruce Fox, this engaging event will allow attendee's to be a part of the discussion with a Q&A session at the end. Now's your chance to register!

Catalyst Corporate's 2023 NPS Score Stays Strong: Catalyst Corporate conducted its annual member satisfaction survey in May, receiving a Net Promoter Score (NPS) of 84.5, considered "world class." For more details on the results of this annual survey, read today!

Training and Events: Corporate Share Drafts & Positive Pay (August 2), Faster Payments – Essentials in An Hour (Online) (August 3), CUBG's National Business Services Conference (August 7-9, Portland, OR), Share Draft Processing (August 9), Faster Payments Essentials Workshop (August 22, Orange County, CA), Deposit Reconciliation and Returns (August 23), Funds Transfer Services (August 30) and Economic & Payments Forum (September 18-20, Plano, TX).

 

Navigating Forum 2023 – Expertise to Build Your Business: With 18 speakers – all under one roof – Forum 2023 will bring together strategic financial management insights, economic outlooks and the latest faster payments developments. Check out this guide to help you navigate this annual event!

Exploring the Mechanics of Faster Payments – a Learning Opportunity: At Catalyst Corporate’s upcoming Faster Payments Essentials workshop on August 22 at the Coyote Hills golf course in Orange County, California, payments experts and attendees will gather to delve into the intricacies of faster payment operations.

We Want You to Give Us Feedback: We all need feedback, that's how we improve. Catalyst Corporate will conduct a brief survey to gain a better understanding of the challenges facing member credit unions. Be on the lookout for an email Wednesday, July 26, from Catalyst Corporate <[email protected]> with the Member Insights Survey.

The Cost of Liquidity Offers Surprises: Our previous Cost of Liquidity article touched on three options for increasing liquidity: borrowing, selling securities and selling loan participations. In this updated follow-up, Catalyst Corporate takes a deeper dive into the impact of each alternative.

Training and Events: ACH Origination (July 26) and Corporate Share Drafts & Positive Pay (August 2), Faster Payments – Essentials in An Hour (Online) (August 3), CUBG's National Business Services Conference (August 7-9, Portland, OR), Share Draft Processing (August 9), Faster Payments Essentials Workshop (August 22, Orange County, CA), Deposit Reconciliation and Returns (August 23) and Funds Transfer Services (August 30).

 

SimpliCD Enhancements Elevate Online Portfolio Management for Credit Unions: Catalyst Corporate announces enhancements to its online SimpliCD platform. The improvements expand on many benefits users already receive. With a simplified user experience, improved access, comparison tools and notification support, you can expect greater convenience with the service you are already using.

Sharetec Selects TranzCapure, LLC as Integrated Teller Capture Partner: Sharetec, a leading core data processor for credit unions, announces TranzCapture, LLC, a credit union service organization (CUSO) dedicated to software development, as its exclusive provider of Integrated Teller Capture for its Sharetec V10 customers.

Hit the Easy Button on CPE Credits at Forum 2023: Need CPE credits? Catalyst Corporate’s annual Economic & Payments Forum is designed to help credit union leaders score a bunch of CPE credits in one easy place.

Training and Events: ACH Receipt (July 19), ACH Origination (July 26), Corporate Share Drafts & Positive Pay (August 2), Faster Payments – Essentials in An Hour (Online) (August 3), CUBG's National Business Services Conference (August 7-9, Portland, OR), Share Draft Processing (August 9), Faster Payments Essentials Workshop (August 22, Orange County, CA) and Deposit Reconciliation and Returns (August 23).

 

2023 Mid-Year Economic Update – The Economy Continues to Defy the Odds: There was never a dull moment when it came to politics, financial markets or the economy the past six months. However, through all the uncertainty, the U.S. economy appears to have successfully handled the stress factors. The Mid-Year Economic Update contains a full review of the first half of the year.

Six Steps to Take Before the FedNow Service Launch: Consider these six key steps to prepare for the official launch of the FedNow^® Service in late July and understand its importance in the context of faster payments, including information about Catalyst Corporate as a resource.

Supercharge your Strategic Planning! Nail another investment strategy. Take the next step on the FedNow^® Service. Understand repercussions of global events. Explore ChatGPT. Battle employee burnout. Do it all at Catalyst's 2023 Economic & Payments Forum.

ACHOne is Now CatalystPay! Effective July 6, 2023, the ACHOne link and the console where Catalyst ACH users manage their ACH transactions was rebranded to CatalystPay. There is no change to ACH functionality. This is being done to accommodate the introduction of new instant payment solutions, including the FedNow® Service! Learn more.

Training and Events: ACH Administration (July 12), ACH Receipt (July 19), ACH Origination (July 26), Corporate Share Drafts & Positive Pay (August 2), Faster Payments – Essentials in An Hour (Online) (August 3), CUBG's National Business Services Conference (August 7-9, Portland, OR), Share Draft Processing (August 9) and Faster Payments Essentials Workshop (August 22, Orange County, CA)

Hit the Jackpot with Forum Early Bird Special: Lucky you! Hit the jackpot when you register for Catalyst’s 2023 Economic & Payments Forum before August 11. The pot sweetens with the addition of three new speakers and two new bonus sessions!

SpeakerSpotlight: Confidence Down on Oil, Future is EVs, Says Peter Ricchiuti: Large energy companies are saying one thing and doing another, according to economist Peter Ricchiuti, a speaker at Catalyst’s Economic & Payments Forum. Get a sneak preview here of insights he'll share this fall.

Speaker Spotlight: Sara Ross on Combatting Employee Burnout and Restoring Work Vitality: Sara Ross explores the concept of work vitality in a new workplace where the lines are blurred between our work and personal lives. Ross is the author of “Dear Work: Something Has to Change” and a speaker at Catalyst’s upcoming Economic & Payments Forum. See traps that hinder job success and recommendations for combatting employee burnout.

Happy Birthday, USA!: This year, the United States will turn 247 years old. Fireworks are the best birthday candles for the occasion. Catalyst Corporate will close on Tuesday, July 4.

Training and Events: TranzCapture for Mobile (June 28), ACHOne Administration (July 12), ACHOne Receipt (July 19), ACHOne Origination (July 26) and Corporate Share Drafts & Positive Pay (August 2), Faster Payments – Essentials in An Hour (Online) (August 3) and Share Draft Processing (August 9).