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.
Monthly Central Liquidity Facility Reports
Includes the monthly preliminary and unaudited financial highlights reports. More
- How to Apply for Regular Membership (opens new window)
- Central Liquidity Facility Loan Advance Frequently Asked Questions
- Frequently Asked Questions: Central Liquidity Facility
- Operating Circular 99-2: Regular Member Facility Advances (opens new window)
- Central Liquidity Facility Advance Policy (opens new window)
- Central Liquidity Facility Act, Subchapter III of the Federal Credit Union Act (opens new window)
- Central Liquidity Facility, Part 725 of the NCUA's Rules and Regulations (opens new window)
- Collateral Margins Table
- Correspondent Agreement Template (opens new window)
- Correspondent Fact Sheet (opens new window)
NCUA Central Liquidity Facility
1775 Duke Street,
Alexandria, VA 22314