National Credit Union Administration March 24, 2021 – Federal Register Recent Federal Regulation Documents

Central Liquidity Facility
Document Number: 2021-05953
Type: Rule
Date: 2021-03-24
Agency: National Credit Union Administration, Agencies and Commissions
In response to the enactment of the Consolidated Appropriations Act, 2021, (CAA) the NCUA Board (Board) is issuing this interim final rule to cohere the NCUA's regulations to the statutory changes made by the CAA. Specifically, the CAA extended several enhancements to the NCUA's Central Liquidity Facility (CLF or Facility), which were first enacted by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This rule amends the NCUA's CLF regulation to reflect these extensions. This rule also extends the withdrawal from CLF membership provisions that the Board included in the April 2020 interim final rule that made the aforementioned regulatory changes related to the CARES Act.
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