Liquidity Services
VolCorp offers complete commitment to cost-effective funding options including timely turnaround for all loan and liquidity needs.
Our Services
Lines of Credit
Pre-approved revolving loans intended for a short-term liquidity need (typically set at 10% of assets and tied to the Transaction Account); also designed to protect against daily settlement shortfalls and other short-term funding demands. Larger lines, advised and committed, are available upon approval with competitive variable rates.
Term Loans
Fixed and variable rate loans for a pre-approved borrowing amount suited for various short and long-term liquidity needs. Flexible terms are available based on the specific funding need.
Letters of Credit
Written commitment from VolCorp guaranteeing payment to a third party on behalf of your credit union, including a specified period and dollar amount. Non-negotiable and non-assignable.
Federal Contingent Liquidity Sources
VolCorp can facilitate access to two federal emergency funding sources available to credit unions: the Federal Reserve Discount Window and the Central Liquidity Fund (CLF).
Federal Reserve Discount Window
Allows eligible credit unions to meet temporary liquidity needs by borrowing directly from the Federal Reserve. Acting as a correspondent, VolCorp can assist with the FRB application, agreements, collateral to secure funding, and settlement of advances and payments.
Central Liquidity Facility (CLF)
Allows eligible credit unions with direct membership and access to borrow from the CLF, an emergency liquidity provider managed by the NCUA. Acting as a correspondent, VolCorp can assist with the NCUA application, collateral to secure funding, and settlement of advances and payments.
Become a Partner
For more information about our loan and liquidity solutions, contact us! One of our representatives will get back to you shortly.
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