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Congress·In Committee·2 months ago

Credit Union Liquidity Backstop: Expanded Agent Membership

Also known as: NCUA Central Liquidity Facility Enhancements Act

Legislative Progress

Filed
Review
Senate
House
President

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.
EconomyConsumer Protection

Milestones

2 milestones2 actions
Dec 18, 2025Senate

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Dec 18, 2025

Introduced in Senate

Source Information

Document Type

Congressional Bill

Official Title

NCUA Central Liquidity Facility Enhancements Act

Bill NumberS 3575
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsor

Cosponsors

(1)
R: 1

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.