CU Discount Window Borrowings, Q4 2013

During the fourth quarter of 2013, 100 credit union borrowed from the Federal Reserve's Discount Window.

In comparison, 76 credit unions went to the Discount Window to borrow in the third quarter of 2013 and 37 credit unions borrowed from the Discount Window in the fourth quarter of 2012.

The Federal Reserve on December 31, 2015 released raw data on bank and credit union borrowings from the Federal Reserve's Discount Window.

The aggregate amount borrowed during the fourth quarter of 2013 was $117.89 million.

The average credit union borrowing from the Federal Reserve's Discount Window was slightly more than $1 million. The median amount borrowed by credit unions was $100,000.

During the fourth quarter of 2013, the maximum amount borrowed was $15 million by University of Iowa Community Credit Union (Iowa City, IA).

Almost all borrowings from the Discount Window were through the Federal Reserve's primary credit program, which is reserved for healthy institutions. One credit union, First Community CU (ND), borrowed through the Federal Reserve's seasonal credit program and one credit union, First Financial of Maryland FCU (MD), borrowed from the Federal Reserve's secondary credit program.

Below is information on the term of the Discount Window borrowings, name of the credit union borrower, and the amount borrowed.