The federal liquidity facility for credit unions will have a budget of about $2.032 million in 2026 and $2.093 million in 2027, according to information released Thursday for the federal credit union regulator’s open board meeting.
The 2026 budget for the Central Liquidity Facility (CLF) is down 12% from 2025, the National Credit Union Administration (NCUA) said.
Staff reported CLF total assets of $1.01 billion; investment income of $30.4 million; and retained earnings of $48.2 million. The facility has 450 members and total borrowing authority of $29.1 billion, the agency’s briefing material shows. It also shows the facility is expected to have paid $34.6 million in dividends to its members (reported at 450) in all of 2025.
The 12% budget reduction from 2025 to 2026 is the combined result of cuts in employee compensation (down $242,782, or 11%, from 2025 to about $1.91 million); rent, communications, and overhead (down $11,900, or 27%, to $31,663); administrative (down $1,490, or 40%, to $2,272); and contracted services, travel, training (down $19,860, or 18%, to $90,700).
Planned activities this year include, among other things, increasing access to back-up sources of liquidity and pursuing “new efficiencies and automation” in CLF operations.
Also planned, the material shows, is “(i)ncreased use of business intelligence platforms to support operational improvements and gain actionable insights into existing and potential members liquidity.”
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