8700C Agent Membership Agreement

Central Liquidity Facility, 12 CFR Part 725

NCUA Form 8700C

Central Liquidity Facility

OMB: 3133-0061

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OMB No. 3133-0061



PART C - AGENT MEMBERSHIP AGREEMENTS AND SUPPORTING DOCUMENTS



  1. The above named corporate credit union hereby applies for Agent membership in the Central Liquidity Facility (the “Facility”) as provided in Title III of the Federal Credit Union Act, and in consideration of the granting of Agent membership hereby agrees:



  1. To comply with the requirements of Title III of the Federal Credit Union Act and any regulations and reporting requirements which are prescribed for Agent members by the NCUA Board pursuant thereto.

  2. To permit such examinations as in the judgment of the NCUA Board may from time to time be deemed

necessary.

  1. To permit the NCUA Board of its designee to have access to any information or report with respect to any examination made by or for any public regulatory authority, including any commission, board, or authority

having supervisory responsibility over this corporate credit union, and furnish such additional information

with respect thereto as the NCUA Board may require.

  1. To permit the NCUA Board or its designee to have access to all records and information concerning the affairs

of this corporate credit union related to Facility activity and to furnish such information pertinent thereto that

the Board may require.

  1. To cause to be made, on an annual basis, a third party independent audit of corporate credit union’s books

And records and provide the Facility with copies of such audit, if requested.

  1. To maintain records related to Facility activity in conformance with requirements prescribed by the NCUA Board from time to time.

  2. To hold in confidence all information furnished by the Facility and to disclose such information only when

and to the extent authorized by the Facility.

  1. To hold in confidence all information furnished to the corporate credit union or credit union group in its role

as an Agent of the Facility by any state regulatory authority or share insurance agent and to disclose such

information only when and to the extent authorized by the Facility.



  1. The following required supporting documents are attached.

  1. Copies of our financial and statistical reports for the most recent month-end, including but not limited to:

  1. Balance Sheet (The number and dollar amount of shares and loans to member credit unions must be

disclosed separately from the number and dollar amounts of shares and loans to natural person credit

unions.)

  1. Statement of Income and Expense

  2. Delinquent loan report showing the number and dollar amount of delinquent loans by delinquent

categories (2 months to less than 6 months, 6 months to less than 12 months, 12 months and over, or such

other categories as may be required by the state regulatory authority.

  1. A listing of all those natural person credit unions that are members of this corporate credit union (or in the

case of a credit union group, members of a corporate credit union belonging to the group), the

charter/insurance number, the name and address of the natural person credit union.

  1. A copy of our credit union’s charter and bylaws (not required for Federal credit union).



NCUA 8700C

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