Resources Blog

Whether for a sensitive executive search or professional recruiting, we know that stakes for selecting the right talent for your credit union are sky high—and the monetary and cultural consequences of failure can be astronomical!

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

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.

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.

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.

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.

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.

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.

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.