TITLE

Liquidity Squeeze Cited For SimpliCD Growth

PUB. DATE
September 2005
SOURCE
Credit Union Journal;9/19/2005, Vol. 9 Issue 37, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discloses that a liquidity squeeze at some credit unions is the primary driver behind a 76-percent growth in the number of credit unions participating in the SimpliCD program offered by credit union service organization Primary Financial. Credit unions' participation in the program in order to issue share certificates to other credit unions; Amount that was generated by credit unions issuing through Primary Financial during the month of August 2005.
ACCESSION #
18338173

 

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