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Central Liquidity Facility

NCUA · final-rule · Published 2020-04-29 · Effective 2020-04-29 · 85 FR 23731

Document

Document number
2020-08101
Federal Register citation
85 FR 23731
CFR reference
12 CFR 725
Type
Rule
Action
Interim final rule with request for comments.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2020-04-29
Effective date
2020-04-29

Abstract

In response to the COVID-19 pandemic, the NCUA Board (Board) is issuing this interim final rule to provide credit unions with greater access to liquidity to help ensure they remain operational throughout the crisis. This rule will make it easier and more attractive for credit unions to join the NCUA's Central Liquidity Facility (Facility). In addition, this rule makes several amendments to conform to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

Source

Authoritative
Federal Register document
Machine
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