The 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 Central Liquidity Facility, which exists within the NCUA. The president of the Central Liquidity Facility manages the facility under the oversight of the NCUA Board.
The purpose of the Central Liquidity Facility is to improve the general financial stability by providing credit unions with a source of loans to meet their liquidity needs and thereby encourage savings, support consumer and mortgage lending, and provide basic financial resources to all segments of the economy.
Membership is voluntary and open to all credit unions that purchase a prescribed amount of stock. There are two types of membership: natural person credit unions and corporate credit unions. Natural person credit unions may borrow from the Central Liquidity Facility either directly as a regular member or indirectly through an agent member.
Includes the monthly preliminary and unaudited financial highlights reports.
More
Recent Lending Activity
2004 | $0 |
2005 | $0 |
2006 | $4.1 million |
2007 | $0 |
2008 | $2.8 billion |
2009 | $18.5 billion |
2010 | $5 million |
2011 | $0 |
2012 | $0 |
2013 | $0 |
2014 | $0 |
2015 | $0 |
Additional Information
Contact:
NCUA Central Liquidity Facility,
1775 Duke Street,
Alexandria, VA 22314-3428
clfmail@ncua.gov