(please click ad for more information)

Current News

Relevant Information—For You, By You

CATALYST ANNOUNCES CLOUD COMPUTING
updated 10/18/13 03:25 PM
Plus IT Outsourcing Solutions
Catalyst Corporate FCU launched Catalyst Cloud Computing (C3), powered by Compushare, that will allow credit unions to move all of their local applications and processes to a secure, scalable, high-redundancy remote environment.

Other IT outsourcing solutions, including a suite of enterprise-class systems-management and security have also been added to serve credit unions that have limited outsourcing needs.

Catalyst Corporate selected Compushare, a leading provider of cloud-based technology, due to its knowledge of the financial services industry and proven commitment to security that will help simplify credit unions’ vendor management process.

“Compushare built its solutions from the ground up for the financial services industry, so the highest levels of security are applied across the board, including multi-factor authentication,” said Kathy Garner, president/CEO of Catalyst Corporate. “In addition, Compushare undergoes numerous third-party audits and has regulatory oversight from the Federal Financial Institutions Examination Council."

The C3 platform contains a library of financial applications, allowing credit unions to continue using the systems they have in place while seamlessly adopting state-of-the-art technology that has the necessary security, business continuity, and compliance built in. Unpredictable costs, resources, maintenance, integration, back up, and upgrades necessary to support an on-premise hardware infrastructure are also eliminated.

Credit unions interested in learning more about C3 should attend a special information session taking place at Catalyst Corporate’s Economic Forum on Oct. 22-23 in Frisco, TX.

For more information, please visit www.catalystcorp.org.

                           
print   email   share   share   share
                         

'PROBLEM SOLVED' COLUMN HELPS CUs updated 04/14/14 04:30 PM
Latest in Credit Union Digest
Has your credit union taken advantage of the newest Credit Union Digest column—“Problem: Solved”?

CO-OP ANNOUNCES SHAREHOLDER DIVIDEND updated 04/14/14 01:37 PM
Patronage Pool of $30.5 Million
CO-OP Financial Services has announced a shareholder dividend pool of $30.5 million for 2013—a 17 percent increase from 2012. Since becoming a credit union-owned cooperative in 1996, CO-OP’s total shareholder patronage has been $284.8 million.

DBO REPS ADDRESS 'CUOLI' INVESTMENTS updated 04/14/14 01:05 PM
State CU Update Given
California Department of Business Oversight (DBO) Commissioner Jan Owen and Deputy Commissioner of Credit Unions Erick Orellana gave attendees an overview of the department during the California Credit Union League’s 2014 Government Relations Rally (GRR) last week in Sacramento and welcomed questions from attendees.

CONGRESSMEN CONCERNED OVER RBC RULES updated 04/09/14 01:18 PM
Questions Arise During Hearing
Reps. Ed Royce, R-CA, and Brad Sherman, D-CA, questioned National Credit Union Administration (NCUA) General Counsel Mike McKenna on the effectiveness of the NCUA's proposed risk-based capital rule during a House Financial Services Committee hearing last week.