The Board unanimously approved the 2025–2026 Central Liquidity Facility’s budget of $2,307,863 for 2025 and $2,448,263 for 2026.

Read Number of CAMELS 4 & 5 Credit Unions Increase in Third Quarter, also from the NCUA Board meeting.

“The CLF is a beneficial tool, and it should be part of any credit union’s liquidity risk management plans for a variety of contingencies, not merely during times of crises,” NCUA Chairman Todd M. Harper said. “Although it’s not required by our rules, having small and mid-sized credit unions with less than $250 million in assets join the CLF provides them access to this vital federal liquidity backstop during times of stress. Once markets freeze up, it’s difficult for institutions to quickly access emergency liquidity from market sources. Joining the CLF in advance of a liquidity event can better assist credit unions of all sizes to navigate unanticipated market situations.”

The CLF currently has 431 regular members and 11 corporate credit union correspondents. The CLF’s capacity stands at $21.7 billion compared to $20.1 billion approximately one year ago.

“While the CLF is growing in capacity, the congressional restoration of the expired CLF statutory enhancements — like the agent-membership provisions for corporate credit unions to serve a subset of their members — would serve the whole system well,” said Chairman Harper. “That’s why the NCUA Board continues to call upon Congress to reinstate these provisions. In fact, we’re unanimous in our views here.”

The 2025–2026 CLF budget justification is available on the NCUA’s website. The document includes information on the spending categories, sources and uses of funds, and planned activities.

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