§ 1795a — Definitions

As used in this subchapter, the term— (1) “liquidity needs” means the needs of credit unions primarily serving natural persons for— (A) short-term adjustment credit available to assist in meeting temporary requirements for funds or to cushion more persist­ent outflows of funds pending an orderly adjustment of credit union assets and liabilities; (B) seasonal credit available for longer periods to assist in meeting seasonal needs for funds arising from a combination of expected patterns of movement in share and deposit accounts and loans; and (C) (2) “Central Liquidity Facility” or “Facility” means the National Credit Union Central Liquidity Facility; (3) and (4) “member” means a Regular or an Agent member of the Facility.