In the aftermath of the banking meltdown that began in 2008 many large depositors with balances in excess of the standard deposit insurance limit of $250,000 became very concerned about losing money in a bank failure. In an effort to instill confidence in the banking system, the Dodd-Frank Act instituted temporary unlimited deposit insurance on […]
The FDIC Will Eliminate Deposit Insurance On $1.4 Trillion Of Bank Deposits
November 6, 2012 By Leave a Comment
FDIC Bank Debt Guarantee Program To End
October 21, 2009 By Leave a Comment
FDIC Ends TLGP But Leaves Door Open For “Emergency Financing” The FDIC issued a final ruling to phase out the Temporary Loan Guarantee Program (TLGP) by October 31, 2009. In order to conclude the TLGP in an orderly manner, however, the FDIC established a “limited emergency guarantee facility” for institutions that might be unable to […]
FDIC Loan Guarantees Under TLGP Decline Again For August 2009
September 27, 2009 By Leave a Comment
FDIC Debt Guarantees Decline 4% In August The FDIC Temporary Loan Guarantee Program (TLGP) was instituted late last year. The program’s stated purpose and goals, according to the FDIC, is as follows: The FDIC has created this program to strengthen confidence and encourage liquidity in the banking system by guaranteeing newly issued senior unsecured debt […]
FDIC To End Bank Loan Guarantee Program
September 9, 2009 By Leave a Comment
Debt Guarantees To End The FDIC announced its intentions today to let the Temporary Liquidity Guarantee Program(TLGP) expire on its originally planned termination date of October 31, 2009. The TLGP was implemented in October 2008 to address disruptions in the credit markets that resulted in the inability of financial institutions to obtain new funding or […]
FDIC Loan Guarantees Under TLGP Decline Slightly For July 2009
August 20, 2009 By Leave a Comment
FDIC Debt Guarantees Decline 5.6% The FDIC Temporary Loan Guarantee Program (TLGP) was instituted late last year. The program’s stated purpose and goals, according to the FDIC, is as follows: 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, […]
FDIC Loan Guarantees Under TLGP Level Off – GE Exits Program
July 22, 2009 By Leave a Comment
FDIC Debt Guarantees Decline Slightly The FDIC Temporary Loan Guarantee Program (TLGP) was instituted late last year. The program’s stated purpose and goals, according to the FDIC, is as follows: 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, […]
FDIC Loan Guarantees To Banks Soars 54% – Is The TLGP Saving Problem Banks?
June 17, 2009 By Leave a Comment
FDIC Debt Guarantees Soar 54% From Year End 2008 The FDIC Temporary Loan Guarantee Program (TLGP) was instituted late last year. The program’s stated purpose and goals, according to the FDIC, is as follows: The FDIC has created this program to strengthen confidence and encourage liquidity in the banking system by guaranteeing newly issued senior […]
FDIC Reveals List of Opt-Out Banks For TLGP
May 21, 2009 By Leave a Comment
Banks And Financial Firms Say No To FDIC Temporary Loan Guarantee Program (TLGP) Since March, many banks and financial firms have seen the value of their stocks soar as investors’ perception of the overall health of the banking industry improved. Based on the better equity market environment, many banks were able to raise private capital […]