Resources Blog

Jeff Hamilton, Catalyst Corporate Vice President of Member Credit, suggests Loan Participations can be a winning strategy for your credit union.

Every organization has felt the pain of making poor “people” decisions, as well as the joys of finding rising stars. The PXT Select assessment provides you the right information to make informed talent decisions so that you engage the right people.

Loan Origination Systems (LOS) can be simply defined as a digital platform that facilitates the lending process from application through the disbursal of funds. While the definition may be straightforward, comparing different LOS platforms will reveal numerous feature gaps, integration challenges, and implementation road blocks. Knowing the right questions to ask LOS vendors can help you select the best solution for your credit union.

Digital Marketing Coordinator Tuesday DerMargosian represented Catalyst Corporate at Cornerstone's recent Young Professionals Conference. Join her for a look at her conference journey, her takeaways, and a short video.

How Can Interest Rate Swaps Be the Answer to Rising Rates? The rise in interest rates has caused the values of mortgage portfolios and long-term investments to decline. Some credit unions and board members have said, “Maybe we should stop or slow down our mortgage lending.” My answer to them is always the same: Wait, let’s talk this through first.

Although similar in nature, external vulnerability assessment testing (VAT) and penetration (PEN) testing are quite different.

Faster payments are quickly becoming the expectation, with new use cases for the various faster payment technologies found almost daily. The time to start preparing is now, but where do you begin?

The market has priced in six FOMC rate hikes of 25 basis points by the end of the year, with almost four projected by midyear. Although volatility is likely, expectations are for a continued increase in interest rates. Most credit unions will benefit from this, but investing in a rising rate environment has its challenges. What does it mean for your investment portfolio?

Every year, credit unions must undergo a Supervisory Committee Annual Review, often referred to as a SCAR. Perhaps your credit union is due for one. At this point, you must decide which kind of review your credit union needs. What will it be? A Full-Scope Review or what’s known as “Minimum Procedures.”

At their November 2021 meeting, the Federal Reserve revealed they will begin to taper their asset purchases – a program that started at the onset of the COVID-19 pandemic and should conclude mid-summer of this year. What does this mean for credit unions?