Central Finance Facility Committee
The main objective of the Central Finance Facility is to manage Credit Unions’ surplus liquidity in a manner that is beneficial to the Co-operative Movement. The Central Finance Facility Committee is empowered to make policies governing its operations inclusive of policies with respect to investments, loans, securities and collection of debts but such policies shall be subject to the approval of the League Board.
The Central Finance Facility Committee is appointed by the League’s Board of Directors and has the authority to approve all loan applications from members of the League on such terms as have been established by the loan policy.