Liquidity Squeeze Cited For SimpliCD Growth

September 2005
Credit Union Journal;9/19/2005, Vol. 9 Issue 37, p2
Trade Publication
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.


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