NCUA Central Liquidity Facility and LICU Webinars Now Available Online

National Credit Union Administration
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Alexandria, VA – 22314
www.ncua.gov

Office of Public & Congressional Affairs
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ALEXANDRIA, Va. (Aug. 29, 2012) – Recent webinars reviewing changes in the Central Liquidity Facility (CLF), the proposed rule on emergency liquidity, and the Low-Income Credit Union (LICU) eligibility initiative are now available online, the National Credit Union Administration announced today.

CLF President Owen Cole discusses 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. Office of Small Credit Union Initiatives Director William Myers discusses the recent announcement from NCUA about the streamlined process for receiving the LICU designation.
 
More than 1,300 participants joined the webinars.  Both an audio recording and a written transcript of the webinars are now publicly available on NCUA’s website at http://www.ncua.gov/News/Videos/Pages/default.aspx.
 
For technical questions related to accessing the webinar, contact NCUA’s OCIO Technical Support at csdesk@ncua.gov.

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 U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 92 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.

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