CU SIP
   
 
CU SIP is designed to increase corporate credit unions’ excess liquidity by generating stable, low-cost liquidity that the corporates would use to retire other, more expensive third-party debt. This program is uncapped and will be offered on a monthly basis from now through June of 2009 on an auction basis. Eligible credit unions wishing to participate in the January 2009 offering must submit an application with Members United Corporate or another corporate credit union.
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Understanding the Flow of Funds
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            Program Information

More Information
View SIP FAQs for Credit Unions.
For additional information, visit the CLF’s home page.

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Questions for Members United
Email – lendingdepartment@membersunited.org
Call – Mark Flanders at 800-253-0053, ext. 3941, or Tim Bruculere at 800-253-0053, ext. 3808
Required Forms

CU SIP Subscription Form; (MS Word)

Attachment to CU SIP Subscription Form: CU SIP Term Sheet (PDF)

Authorization Form (PDF)