Saturday, October 25, 2008

Temporary Liquidity Guarantee Program
"The FDIC has created this program to strengthen confidence and encourage liquidity in the banking system by guaranteeing newly issued senior unsecured debt of banks, thrifts, and certain holding companies, and by providing full coverage of non-interest bearing deposit transaction accounts, regardless of dollar amount.

Here are links to provide background on the program and to answer any questions you might have.

October 23, 2008 - Chairman's Statement on the Temporary Liquidity Guarantee Program

* Interim Rule Implementing the Temporary Liquidity Guarantee Program - PDF (PDF Help)

Frequently Asked Questions – As of October 17, 2008
The FDIC has prepared answers to your questions about this program. These questions will be updated as more questions are received. You may submit questions by email to: tlgp@fdic.gov.

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