Sign Up Now to Learn about Changes in Central Liquidity Facility Ownership, Emergency Liquidity Proposed Rule, and Low-Income Credit Union Designation
ALEXANDRIA, Va. (Aug. 10, 2012) – Credit unions still have time to register for the free webinar the National Credit Union Administration (NCUA) is hosting on Tuesday, Aug. 14, beginning at 2 p.m. EDT. NCUA also announced an expansion of the topics of discussion for the webinar today. The webinar will review coming changes in the ownership of the Central Liquidity Facility (CLF), the proposed rule on emergency liquidity, and now the Low-Income Credit Union (LICU) eligibility initiative announced this week.
From 2 p.m. to 3 p.m., Central Liquidity Facility (CLF) President Owen Cole will discuss coming changes in the ownership of the CLF, the CLF’s role in meeting credit unions’ contingent liquidity needs, and issues around the proposed rule on access to emergency liquidity. From 3 p.m. to 4 p.m., Office of Small Credit Union Initiatives Director William Myers will discuss the recent announcement from NCUA about the streamlined process for receiving the LICU designation.
During the live webinar, participants will be able to type in questions about matters of interest. Participants can also submit questions in advance at WebinarQuestions@ncua.gov
. For CLF-related questions, the subject line should read “CLF and Your Credit Union’s Contingent Liquidity.” For questions related LICU, the subject line should read “LICU Designation.”
For technical questions related to accessing the webinar, contact 703-518-6440.
NCUA is the independent federal agency created by
the U.S. Congress to regulate, charter and supervise
federal credit unions. With the backing of the full
faith and credit of the United States, NCUA operates
and manages the National Credit Union Share
Insurance Fund, insuring the deposits of nearly 100
million account holders in all federal credit
unions and the overwhelming majority of
state-chartered credit unions. At
Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.