The CLF is a mixed ownership government corporation created to improve the general financial stability of credit unions by serving as a liquidity lender to credit unions experiencing unusual or unexpected liquidity shortfalls. Member credit unions own the CLF which exists within the NCUA. The President of the CLF manages the facility under the oversight of the NCUA Board.
Membership is voluntary and open to all credit unions that purchase a prescribed amount of CLF stock. There are two types of membership, regular (natural person credit unions) and agent (corporate credit unions).
Natural person credit unions may borrow from the CLF either directly as a regular member or indirectly through an agent member.
Monthly CLF Reports
How to Apply for Regular CLF Membership - A Brief Overview
CLF Application Form (Fillable PDF- click on typewriter icon)
Recent CLF Lending Activity:
| 2004 |
$0 |
| 2005 |
$0 |
| 2006 |
$4.1 million |
| 2007 |
$0 |
| 2008 |
$2.8 billion |
| 2009 |
$18.5 billion |
| 2010 |
$5 million |
| 2011 |
$0 |
Additional information on the Central Liquidity Facility:
For more information on the CLF Please Contact:
Central Liquidity Facility
| J.Owen Cole, Jr., President |
703 518-6620 |
| Vacant, Facility Loan Officer |
|
| Randi Grinbergs, Chief Financial Officer |
703 518-6391 |
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