Liquidity & Contingency Funding Plans

 

Federally insured credit unions have a new resource to better understand and further assist in complying with the National Credit Union Administration’s final rule on liquidity and contingency funding.

Larry Fazio, Director of the Office of Examination and Insurance, and J. Owen Cole, Jr., Director of the Division of Capital and Credit Markets, provide insights into the purpose of the rule, who should follow the rule, compliance deadlines and additional resources available to credit unions.