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Catalyst Corp and Strategic Solutions to Broadcast Economic Update
Tuesday, July 7, 2015 6:30 AM

Halfway through 2015, it’s time to take stock of the economic climate. Catalyst Corporate and Catalyst Strategic Solutions invite credit unions to join them in exploring current and emerging conditions during the Mid-Year Economic Update.

This economic update will include a moderated panel discussion during which Catalyst Corporate and Catalyst Strategic Solutions experts will revisit themes addressed in the annual 2015 Blueprint for Success presentation, offering new analysis and insights. Panelists will discuss how developments in the economy will impact member spending, loan growth projections, liquidity, investments, and cost of funds, among other current issues.

The event will be broadcast July 20 at 1 p.m. Central Time. Panelists include Steven Houle, Catalyst Strategic Solutions’ vice president of advisory services, Mark DeBree, Catalyst Strategic Solutions’ vice president of ALM services, and Sarina Freedland, Catalyst Corporate senior investment officer.

The multimedia presentation will deliver information relevant to credit unions in an engaging visual format.

“Credit unions benefit from having information delivered in a dynamic format,” said Mike McGinnis, Catalyst Corporate vice president of investment services. “We believe using video instead of a standard webcast, in combination with the new panel discussion format that we debuted in January, will make it more engaging and improve retention of the material.”

Even more important than format, he said, is content. “The most critical aspect of all of our educational programs is how relevant the information is to credit unions. Catalyst Corporate staff members have the ability to explain the connections between market and economic events and credit union balance sheets and operations. That’s hard to find anywhere else.”

The Mid-Year Update broadcast is one of many programs that Catalyst Corporate and Catalyst Strategic Solutions have brought to credit unions so far in 2015. Periodic education is provided by in-house experts and special guests on topics such as asset liability management, investment strategies, loan participation, liquidity, and interest rate risk management, McGinnis said.

In addition, Catalyst Strategic Solutions continues to host its multi-part “Catalyst Strategic Solutions Institute,” a series of four sessions that lays the foundation for effective financial management. Earlier this year, Catalyst Corporate announced that most of its financial management training now qualifies for CPE credit.

The corporate’s online programs complement two in-person conferences hosted each year, including the recent Accelerating Success Conference and the upcoming Economic Forum scheduled for Oct. 5-7 in Las Colinas, Texas.

“Education and training programs are an essential component of the value that Catalyst Corporate, as a cooperative, brings to its member credit unions and clients,” said McGinnis. He noted that many of these events are free of charge.

Credit unions are encouraged to register for the Mid-Year Economic Update by visiting the Learning Center/Financial Management Training section of the website, where they also can review the 2015 Blueprint for Success video.