Supplemental Emergency Liquidity
November 1, 2013
In a letter sent Sept. 24, 2012, during the initial comment period on emergency liquidity, the Northwest Credit Union Association (Association)1 urged the NCUA to consider allowing Federal Home Loan Banks (FHLB) as an additional provider of emergency liquidity. On Thursday, Jan. 31, 2013, the FHLB sent a letter to the NCUA board reiterating its commitment to providing emergency liquidity to the credit union system which the association supports.
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