Friday, August 15, 2014

Discount Window Borrowings by CUs, Q2 2012

During the second quarter of 2012, 40 credit unions borrowed 79 times from the Federal Reserve's discount window.

The Federal Reserve publishes information regarding discount window loans with a two-year lag.

The most frequent borrower was Northwest Community Credit Union (Springfield, OR), which access the window 19 times during the quarter.

Delta Community Credit Union (Atlanta, GA) had the largest overnight discount window loan of $30 million.

Thirty-nine credit unions used the primary credit program and one credit union, Marine Credit Union, used the secondary credit program. The primary credit program is available to depository institutions that are in generally sound financial condition. The secondary credit program is available to institutions that cannot borrow from the primary credit program.

The following table provides information on the date of the loan, maturity date of the loan, the name of the credit union, and the amount borrowed.


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