Release date: August 8, 2018
Duration: 80 minutes
Managing a balance sheet is never easy and often trends can be unpredictable. The long low interest rate environment coupled with highly competitive, but quickly growing credit union lending, has pushed many credit unions to the extremes of liquidity. Huge loan demand and managing tight liquidity or excess deposits presents challenges as to where to invest.
This presentation will include a discussion on how loan participations can be an excellent liquidity source for credit unions with strong loan demand, and a strong investment option for credit unions with excess funds.
MEET THE PRESENTER
Mike McGinnis is the Vice President of Investment Sales for Catalyst Corporate Federal Credit Union, a wholesale cooperative financial institution that serves more than 1,400 member and client credit unions throughout the country. Mike has served the credit union industry for over 20 years and joined the Catalyst team in 2004 to coordinate the marketing and sales functions of all Catalyst Strategic Solutions and Catalyst Corporate investment, liquidity, analytic and balance sheet consultation services.