NCUA Central Liquidity Facility Enhancements Act

Key Points

• Congress would tweak federal law so credit unions have more flexibility to join the national credit union liquidity backstop through an “agent” arrangement.
• This change is a wording update meant to broaden eligibility—switching from “all those credit unions” to “any such credit unions.”
• If enacted, more credit unions could potentially access emergency cash support indirectly, which can help keep customer services running during financial stress.
• Everyday impact would likely be indirect: it’s aimed at making credit unions more stable in a crisis, not changing rates or fees right away.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.