Liquidity/Member Credit
Central Liquidity Facility (CLF) Loan
Catalyst Corporate will act as correspondent to the CLF for our capitalizing member credit unions that are regular (direct) members of the CLF. In this correspondent capacity, Catalyst Corporate will administer CLF-approved loans for direct CLF members.
In this role, Catalyst Corporate will facilitate such activities as:
- assisting with credit applications to the CLF,
- serving as a collateral custodian,
- assisting in facilitating CLF loan advances, and
- assisting with CLF credit reporting requirements.
This type of correspondent and administrative function for Catalyst Corporate will benefit our member credit unions seeking CLF advances of credit both before and after a liquidity-need loan application is approved by the CLF. Catalyst Corporate also can simplify credit unions’ understanding of and compliance with CLF requirements.
CLF and Emergency Liquidity Rule Resources
Click here for Catalyst Corporate's Emergency Liquidity Summary and Resource Guide published in August 2012 about the NCUA's proposed "Maintaining Access to Emergency Liquidity" rule and related impact to the CLF.
For additional information, click on an article title below, and return to this page for periodic updates.
Details about the Central Liquidity Facility are available on NCUA's CLF Information site at
http://ncua.gov/Resources/CLF.
For more information, contact Catalyst's Member Credit Department at
lending@catalystcorp.org or 800.442.5763, option 6.
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