Meeting strategic goals and pursuing the initiatives of your credit union is critical to its success. However, with the ebbs and flows of deposit trends and earnings levels, the ability to achieve these goals can be restricted by the level of the credit union's net worth. Catalyst Strategic Solutions’ Secondary Capital Program can provide a means of raising external capital through Secondary Capital or Subordinated Debt.

Low Income Designated (LID) credit unions have regulatory authority to issue Secondary Capital or Subordinated Debt that is permitted to count toward net worth for a specified period. However, this authority is based upon NCUA approval of a credit union's plan. Once approved, external capital debt notes are created and issued to lending (investing) credit unions.

Catalyst Strategic Solutions' Secondary Capital Program partners with credit unions through every step of the process.

For more information about the Secondary Capital Program, visit Catalyst Strategic Solutions’ website.