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A Better Way to Fight Cybercrime: The Consortium

Battling cybercrime in the financial services industry can be downright scary. Threat actors are continuously evolving new phishing or ransomware campaigns on banks and credit unions.

Feb 29, 2024

Ty Bennett to Keynote Millennium Corporate Credit Union 2024 Annual Meeting

Join Millennium Corporate, Ty Bennett, your credit union colleagues, and a team of talented speakers at the 2024 Annual Meeting in Kansas City!
Feb 27, 2024

Rethinking Overdraft Services for Your Credit Union to Remain Proactive

Evaluating your overdraft strategy is crucial, especially in light of the increased scrutiny and regulations to eliminate risky overdraft practices. The solution to this issue is straightforward: provide an overdraft service that is fully disclosed and has fair and reasonable fees. ADVANTAGE can assist you in achieving this goal.
Feb 22, 2024

NCUA issued an Advisory on Liquidity Risk Management

The NCUA issued an Advisory on Liquidity Risk Management. Here are four solutions that can help your credit union align with this advisory.
Mitigate Check Fraud
Jan 26, 2024

Real-Time Detection Solution Mitigates Check Fraud

In 2022 alone, financial institutions issued 680,000 reports of check fraud to the Financial Crimes Enforcement Network – an increase of 94% over the previous year. Lacking adequate security and detection controls can lead to significant financial loss.
Dec 14, 2023

Digital Loan Payment Process Solves Challenges

Adding a digital loan payment service can answer challenges credit union’s face. Here is a case study from a credit union in Texas that implemented Catalyst’s CU LoanPay solution.
Nov 30, 2023

Federal & State Labor Law Posters

As we prepare for 2024, one area of compliance often overlooked is labor law posters. Typically, the new year brings many legislative changes (minimum wage, paid leave, etc.) that employers are required to communicate to their workforce.
Nov 28, 2023

Overdrafts: Service Fee or “Junk” Fee?

In President Joe Biden’s State of the Union address on February 7, he called on Congress to crack down on “junk fees.” He defined the term in his address as “those hidden surcharges too many companies use to make you pay more.” Among those attributed to this murky category were charges related to overdraft services.
Nov 16, 2023

How to Fight the Deposit Slump

Few people get excited about basic banking, however, credit unions can augment mundane banking functions with unique lifestyle-based banking features.
Nov 14, 2023

White Paper: Strategies to Unlock Efficiencies in Modern Lending Programs

For over 100 years, credit unions have played a crucial role in the financial ecosystem by providing members with access to affordable loans.
Nov 7, 2023

Seven Key Steps to Unlocking Liquidity Certainty

The concept of liquidity plays a crucial and important role in the stability of financial institutions. However, with great importance comes inherent risk. The concern over liquidity risk has grown for credit unions, prompting the need for closer examination due to the present financial climate. Enter Liquidity Stress Testing.

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