Monday, January 28, 2013

Credit Union Use of Discount Window Loans, Q4 2010

In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Federal Reserve makes available with a two year lag detailed transaction level information regarding the use of discount window loans.

Below is information on credit union borrowings from the discount window in the fourth quarter of 2010 (click on image to enlarge).

All credit unions that accessed the discount window did so through the Primary Credit program, which is only available to depository institutions in sound overall condition to meet short-term, backup funding needs.

Twenty-four credit unions borrowed from the Federal Reserve discount window during the fourth quarter of 2010. Workers Credit Union of Fitchburg, Massachusetts was the most active credit union borrower from the discount window.


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4 comments:

  1. AnonymousJanuary 28, 2013 at 7:30 PM

    And, the point is?

    ReplyDelete
  2. Keith LeggettJanuary 28, 2013 at 7:40 PM

    Just sharing the info.

    ReplyDelete
  3. AnonymousFebruary 1, 2013 at 6:06 PM

    No seriously, what is your point. And why have you not published your sponsor's members appearances at the discount window so that we can understand and compare the information supplied.

    As usual this is very one sided information. I guess we have to believe everything you see on the internet...

    ReplyDelete
  4. Keith LeggettFebruary 1, 2013 at 7:45 PM

    The data is publicly available on the Federal Reserve's website.

    ReplyDelete