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NCUA RIN: 3133-AF18 Publication ID: Fall 2022 
Title: Central Liquidity Facility 

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 eliminated the six-month waiting period for Facility advances, relaxed membership termination requirements, and changed the collateral computation for Facility advances. In addition, the Board issued a second interim final rule to address extensions of certain provisions by the Consolidated Appropriations Act, 2021.  The Board solicited public comments on both interim final rules and is reviewing these comments.

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
Action Date FR Cite
Interim Final Rule  04/29/2020  85 FR 23731   
Interim Final Rule Comment Period End  06/29/2020 
Second Interim Final Rule  03/24/2021  86 FR 15568   
Second Interim Final Rule Comment Period End  05/24/2021 
Final Action  04/00/2023 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL:  
RIN Data Printed in the FR: No 
Agency Contact:
Justin Michael Anderson
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6556
Fax:703 518-6569