Shutdown Takeaway: A Dysfunctional Government Could Lead to Future Liquidity Challenges

Chip Filson of Callahan and Associates says the recent government standoff and the inability of Congress to agree on courses of action could signal future challenges for credit unions. The dismantling of the Central Liquidity Fund and new regulations that limit the activities of corporate credit unions require credit unions to place increasing reliance on banks and the government as sources of liquidity. [10/22]