{"id":"AGY-FED-FINANCIAL-035","kind":"context","level":"federal","jurisdiction":"United States; National Credit Union Administration (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"NCUA","authority":"12 U.S.C. § 1795f; CARES Act § 4016","instrument":"Letter to Credit Unions 20-CU-08","title":"Enhancements to Central Liquidity Facility Membership and Borrowing Authority","dateIssued":"2020-04-01","effective":"April 2020 (CARES Act § 4016 effective March 27, 2020)","end":"2020-12-31 (CARES Act sunset; later extended by Congress to Dec. 31, 2021)","startDate":"2020-03-27","endDate":"2020-12-31","quarters":["2020Q2","2020Q3","2020Q4"],"types":["OTHER"],"addressees":["federally insured credit unions and corporate credit unions"],"clause":"[Following the] Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed into law on March 27, 2020, [the NCUA encourages credit unions to] join as soon as possible, either as regular members or through an agent member.","enforcement":"12 U.S.C. § 1795 et seq.","functions":["OP liquidity management","BL"],"notes":"Companion to the CLF interim final rule (Ex. 041)","sourceUrl":"https://ncua.gov/regulation-supervision/letters-credit-unions-other-guidance/enhancements-central-liquidity-facility-membership-and-borrowing-authority","snapshot":"","fileExists":true,"fileBytes":217468,"grade":"primary","character":"context","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-035","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-035","citation":"NCUA, Letter to Credit Unions 20-CU-08 (Apr. 1, 2020) (Ex. AGY-FED-FINANCIAL-035)","stateName":"","related":["AGY-FED-FINANCIAL-033","AGY-FED-FINANCIAL-034","AGY-FED-FINANCIAL-037","AGY-FED-FINANCIAL-031","AGY-FED-FINANCIAL-032","AGY-FED-FINANCIAL-038","AGY-FED-FINANCIAL-103","AGY-FED-FINANCIAL-036","AGY-FED-FINANCIAL-043","AGY-FED-FINANCIAL-042"]}