Catalyst Corporate has partnered with the NationalCredit Union Foundation to provide an investment vehicle for theFoundations Community Investment Fund. The CIF is a shared proceedinvestment that both funds the Foundation's programs and providesincome to state credit union foundations and the investing creditunions.

“Not long ago, the CIF was a significant funding source. Buteconomic conditions over the last two to three years have yieldeddwindling returns for the NCUF and state foundations,” said KathyGarner, Catalyst Corporate CEO. “Catalyst was eager to re-visit thetraditional CIF model, with the goal of creating a new option thatbenefits investors and helps sustain the national foundation. Webelieve we accomplished that goal.”

Catalyst said the new alliance allows member credit unions tochoose products such as callable and bullet U.S. Government agencysecurities, as well as negotiable bank certificates of deposit.Members can specify the percentage of interest income to be sharedwith NCUF, as well as the fund designation.