The NICB/CBAK Cooperative Liquidity Program (“Liquidity Program”) is a cooperative bank-to-bank network established to provide an additional funds management tool for NICB/CBAK member banks. NICB and CBAK provide a communication link between Liquidity Program members who have available liquidity with those members who have short-term funding needs.

NICB/CBAK is responsible for maintaining and communicating the Liquidity Program member contact information. Participating banks are not legally bound to provide funding or even respond to requests as part of their participation in the Liquidity Program. There is no fee assessed by NICB of CBAK in conjunction with hosting the Liquidity Program and all funding terms, pricing, documentation and other conditions are negotiated directly between participating members.

The Liquidity Program is tested at least twice per year to assure its effectiveness as a source of funding and to validate the availability of funds for participating member banks.

The Liquidity Program is open to all NICB and CBAK member banks. To become a member, submit an NICB/CBAK Cooperative Liquidity Program Agreement.

Member Requests to Utilize the Liquidity Program

Requests to utilize the network for emergency funding should be sent to both eric@nicbonline.com and shawn@cbak.com using the following format.