Details regarding additional closing dates associated withspecific services provided by U.S. Central Bridge emerged today ina second memo, signed by U.S. Central Bridge CEO FrancoisHenriquez. The Henriquez document is much more detailed than theearlier memosigned by NCUA executive Scott Hunt.

The following was excerpted from the memo and shows the dramaticchanges that will be implemented at U.S. Central Bridge:

Overnight Deposit Balances - In order to maintainefficient clearing of Automated Settlement transactions, effectiveJan. 12, 2012, U.S.Central Bridge will require that, at all times, each corporatemaintain on deposit in its overnight account at U.S. Central Bridgea ‘minimum settlement balance’ (MSB). U.S. Central Bridge staffwill advise each corporate of its MSB at the beginning of everymonth; each corporate’s MSB will be based on that corporate’s peakaggregate settlement amount during the immediately precedingcalendar month.

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