Catalyst Strategic Solutions Hires Two
Catalyst Strategic Solutions, the CUSO of Catalyst Corporate Federal Credit Union in Plano, Texas, has added two new staff members.
Mike Sims, a former Federal Home Loan Bank executive, was hired to fill a senior advisor position. Ben Lemoine, formerly an investment officer in Catalyst Corporate’s Georgia office, will be moving to the Plano corporate office to join the Advisory Service team.
Prior to joining Catalyst Strategic Solutions, Sims served as CFO of the Federal Home Loan Bank of Dallas, Texas. At FHLB, Sims managed asset-liability initiatives as well as derivatives, funding, liquidity management and investment strategies. Sims will work with client credit unions on a variety of strategic initiatives including financial planning, asset-liability management and investments management.
Lemoine joined Georgia Corporate Federal Credit Union in 2006, and was responsible for providing member credit unions with investment strategies and products. Georgia Corporate merged into Catalyst’s predecessor, Southwest Bridge Corporate, in 2011.
In addition, Lemoine has extensive experience with Catalyst Corporate’s asset-liability management tools as well as strong knowledge of fixed income investments. Lemoine will work directly with client credit unions in the areas of comprehensive financial management, ALM analysis, investment portfolio analysis and strategic planning.
The pair replace Brian Turner, Catalyst Corporate’s former credit union strategist and Advisory Services advisor, who retired from the cooperative Aug. 27 and formed Meridian Alliance LLC, an independent firm designed to provide strategic assessment and counsel to credit unions.