Section 412:10-801 - PurposesThe purposes of the corporate credit union are to:
(1) Accumulate and prudently manage the liquidity of its member credit unions through interlending and investment services;(2) Act as an intermediary for credit union funds between members and other corporate credit unions;(3) Obtain liquid funds from other credit union organizations, financial intermediaries, and other sources;(4) Foster and promote in cooperation with other state, regional, and national corporate credit unions and credit union organizations or associations the economic security, growth, and development of member credit unions; and(5) Provide payment systems and correspondent services to its members.