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). Corporate Central offers correspondent settlement of the Federal Reserve Bank's (FRB) Discount Window advances and payments once a member has established a Discount Window relationship with the Fed. Once enrolled, advances can be requested through the FRB for swift deposit into the member’s Corporate Central account. When payments are due to the FRB, those payments will come out of the member’s account at Corporate Central.
More Solutions
Beastro
Our Beastro digital platform is a next-generation, all-in-one platform built to transform how credit unions manage financial transactions, interactions, and cash flow.
Item Processing
Corporate Central’s flexible Item Processing solution streamlines transaction handling for credit unions, offering customizable, secure, and efficient processing to reduce costs, mitigate fraud, and enhance member satisfaction.
Wires
We offer a full-service, secure wire transfer program, providing credit unions with streamlined domestic and international funds transfer options, robust analytics, and exceptional support to enhance compliance and reduce risk.