Why the CLF Has No Interest
The Central Liquidity Facility exists to provide credit unions with liquidity lending, and yet it hasn’t had activity in years. Not only that, but they’re struggling to manage their assets and Chip Filson is wondering whether credit unions still need it.
A Once-a-Decade Opportunity
Chip Filson argues that what the aging Central Liquidity Facility needs is reform that focuses on cooperative solutions to the problems that ail it.
