Central Liquidity Facility. It sounds like a conveniently located swimming pool for bureaucrats.
It is not that, but what it is is misunderstood–even inside the credit union industry–and right now a debate is starting about the CLF's role as the industry restructures.
On one side is Chip Filson, now president of credit union consulting firm Callahan & Associates but a couple decades ago the president of the CLF while also serving as director of the office of examinations at NCUA. Filson's contention is that, with significant restructuring, the CLF could emerge as a potent force in the industry.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
