FRB Discount Window

Demand for federal sources of liquidity is required for some credit unions due to NCUA’s proposed rule on Maintaining Access to Emergency Liquidity (12 CFR Part 741, published December 2011, updated July 2012). Corporate Central offers access to the Federal Reserve Bank's (FRB) discount window without establishing a direct relationship with the Fed. Once enrolled, funds can be requested through the FRB for swift deposit in the members Corporate Central account.