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NCUA RIN: 3133-AF18 Publication ID: Spring 2021 
Title: Central Liquidity Facility 
Abstract:

In response to the COVID-19 pandemic, the NCUA Board (Board) issued an interim final rule to increase flexibility for membership in the Central Liquidity Facility (Facility) and make membership more advantageous. Specifically, the interim final rule eliminates the six-month waiting period for Facility advances, relaxes membership termination requirements, and changes the collateral computation for Facility advances. The Board solicited public comment and is reviewing the comments received on the interim final rule.  In addition, the Board may issue a second rule to address extensions of certain provisions by the Consolidated Appropriations Act, 2021.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 725   
Legal Authority: 12 U.S.C. 1795(f)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  04/29/2020  85 FR 23731   
Interim Final Rule Comment Period End  06/29/2020 
Final Action  05/00/2021 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.ncua.gov/regulation-supervision/rules-regulations/proposed-pending-recently-final-regulations  
RIN Data Printed in the FR: No 
Agency Contact:
Justin Anderson
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6556
Fax:703 518-6569
Email: janderson@ncua.gov