# Liquidity and Contingency Funding Plans
> **US National Credit Union Administration** · Final rule. · Published 2013-10-30 · Effective 2014-03-31 · 78 FR 64879
## Document
- **Document number:** 2013-25714
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 78 FR 64879
- **CFR reference:** 12 CFR 741
- **Publication date:** 2013-10-30
- **Effective date:** 2014-03-31
## Abstract

The NCUA Board (Board) is issuing a final rule to require federally insured credit unions (FICUs) with less than $50 million in assets to maintain a basic written policy that provides a credit union board-approved framework for managing liquidity and a list of contingent liquidity sources that can be employed under adverse circumstances. The rule requires FICUs with assets of $50 million or more to have a contingency funding plan that clearly sets out strategies for addressing liquidity shortfalls in emergency situations. Finally, the rule requires FICUs with assets of $250 million or more to have access to a backup federal liquidity source for emergency situations.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2013/10/30/2013-25714/liquidity-and-contingency-funding-plans)
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