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NCUA Unveils 'SIP' As Means Of Helping Corporates

DEC 12, 2008 2:17pm ET

ALEXANDRIA, Va.-NCUA moved last week to aid the corporate credit unions, which are struggling to cope with rising unrealized losses on their investment portfolios, by providing them with a back-door to the agency's emergency loan fund, known as the Central Liquidity Facility.

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