The NCUA’s September economic video review includes a final pitch for credit unions to finalize a new emergency liquidity provider before U.S. Central closes down.
Sessions focus on proposed liquidity rule, changes to CLF and the Low-Income Credit Union eligibility initiative.
The webinar is scheduled for 2 p.m. EDT on Tuesday and credit unions can register for the free event on the NCUA’s website.
Why be concerned about your credit union’s liquidity now? Because rising interest rates are likely to be accompanied by flight-to-safety funds inflow.
Problems in Greece, Spain and other Euro zone countries could show up on credit union balance sheets, according to industry economists.
The European financial crisis may be half a world away, but problems there could show up on credit union balance sheets here.