National Credit Union Administration - Central Liquidity Facility

Posted on January 19th, 2008 in DISCOUNT WINDOWS

The NCUA Central Liquidity Facility is a mixed ownership government corporation
created to improve the general financial stability of credit unions by serving as a liquidity lender to credit unions experiencing unusual or unexpected liquidity shortfalls. Member credit unions own the CLF which exists within the NCUA. The President of the CLF manages the facility under the oversight of the NCUA Board.

Membership is voluntary and open to all credit unions that purchase a prescribed amount of CLF stock. There are two types of membership, regular (natural person credit unions) and agent (corporate credit unions).

Natural person credit unions may borrow from the CLF either directly as a regular member or indirectly through an agent member.

MONTHLY REPORTS

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