S 2545
NCUA Central Liquidity Facility Enhancements Act
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Bill overview
This bill, the NCUA Central Liquidity Facility Enhancements Act, aims to give the National Credit Union Administration (NCUA) more flexibility in selecting credit unions that can participate as Agent Members of the Central Liquidity Facility. The Central Liquidity Facility is a critical resource for credit unions facing financial difficulties, providing them with access to emergency loans. By expanding the NCUA’s authority to choose these Agent Members, the bill intends to strengthen the stability and resilience of the credit union system.
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