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NCUA Letter to Credit Union on Transition of ACH Services


The National Credit Union Administration (NCUA) issued a letter to credit unions to provide an update on the transition of US Central Bridge Corporate’s ACH services.  All other correspondent services offered by US Central Bridge have already been wound down, according to the letter.  The letter f

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Proposed NCUA CLF Changes: Credit Union Input Requested


The National Credit Union Administration (NCUA) is preparing to unveil several significant changes to the Central Liquidity Facility (CLF).  These changes will have an impact on both natural person and corporate credit unions.    

NCUA will issue FAQs later this month that describe the changes contemplated for CLF, as a result of the demise of US Central.

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