Central Liquidity Facility (CLF)
The CLF 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.
For further information
on the Central Liquidity Facility see:
For more information on the CLF Please Contact:
Office of Strategic Program Support and Planning
703 518-6620
J. Owen Cole,
Jr., President
Steve Sherrod, Vice President
Jeremy Taylor, Loan Officer
Vicki O'Hara, Financial Analyst
Monthly CLF Reports
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