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Let the PXT Select Assessment Help You Find the Right Talent
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. It measures how an individual fits specific jobs within your organization through assessing one’s thinking style, behavioral traits, and interests.
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Tight Liquidity and an Inverted Yield Curve – Time to Invest?
Even though higher rates are currently on the short end of the yield curve, Catalyst Corporate's John Kirby says there are reasons to consider locking in some longer maturities.
A Change in How You Lend, Will Do You (and Your Members) Good
A change in how you lend, will do you (and your members) good
Loan Pricing is an Artform
Truly artful loan pricing is a delicate balance between providing the best possible value to your credit union and offering a rate that members ultimately accept. There is no clear market indication for how to price a loan...that's where it becomes an art.
Next Steps for Embracing Innovative Digital Solutions
Historically, credit unions have strived to be their members’ primary financial institution (PFI) – the place where people have their checking account, direct deposit, favorite credit card, possibly even their mortgage. However, the PFI concept is quickly evolving.
Accounting for Loan Losses: CECL’s Coming Down the Pike
Talked about for years, implementation of FASB’s Current Expected Credit Loss accounting standard is now only weeks away. Known as CECL, the new accounting standard becomes effective January 1, 2023.
4 Ways Automation Can Help Your Credit Union
As contrary as it may seem, using AI in your underwriting process can actually make the experience more human for your members. It’s faster, more accurate, helps you maintain compliance, and lets you approve more borrowers, while improving the experience they have with your credit union.
Keeping the Pulse on Faster Payments
Momentum continues to build in faster payments as volume, capabilities and use cases expand and develop. Catalyst Corporate's Glenn Wheeler explains some of the latest developments in preparing credit union onboarding for the FedNow system.
Four Easy Steps for Staying Secure in 2022
Cybersecurity has become one of the biggest hot topics inside and outside of technology circles over the last two years. From securing learning devices due to a rise in digital learning during the COVID-19 pandemic to coping with the fallout of high-profile breaches of national infrastructure such as the Colonial Pipeline, there is a seemingly endless news cycle dedicated to cybersecurity mishaps and concerns.
The Anatomy of a Data Breach: What are they and what to do when you spot one
Arguably no phrase has dominated the tech world over the last 24 months more than the term “data breach.” From breaches that have impacted critical infrastructure like the Colonial Pipeline to hackers compromising healthcare records at UC San Diego Health, the last two years have been saturated by headlines of cybersecurity mishaps.
Successfully Navigating the LOS Experience to Meet Your Goals
Just about every financial institution uses some type of core system to run its operations. Some credit unions (or even community banks) will try to tap the loan origination functionality that is built into their core system. However, as lenders grow, eventually, they have a “graduation moment” and realize they need a standalone loan origination platform to reach their current and future goals.
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