Liquidity Crunch Shrinks U.S. Central

- OVERLAND PARK, Kan. (07/26/00) - U.S. Central CUsaid its asset base contracted by 13%, or $3.5 billion, in thefirst half of the year as tightening liquidity continued to claimits corporate members' deposits. The U.S. Central has seen a 22%outflow of assets, or $6.5 billion, over the past 12 months,reporting $22.7 billion in assets at June 30. Still, U.S. Centralwas able to boost interest and dividend income earned in the firsthalf by 8% to $738,336 million. This enabled U.S. Central to raisetotal dividends and interest paid 7% to a total of $697,510 millionfor the first six months, over the same period lastyear.