Subscribe
PLEASE NOTE: Recent amendments to the FDI Act provide full deposit insurance coverage for noninterest-bearing transaction accounts and IOLTAs beginning December 31, 2010, for a two-year period. This section applies to all insured depository institutions and, unlike the FDIC's TLGP program, no opt outs are permitted and low-interest NOW accounts are not covered. There is no separate assessment applicable on these covered accounts but all institutions will be required to report qualifying accounts beginning on December 31, 2010, for purposes of quantifying the FDIC's exposure under this program. As a result of these amendments, the FDIC has decided to not extend its TAG program which will end on December 31, 2010. For more information on these provisions, please read the Final Rule to implement this coverage.
|
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. If you have problems opening links noted as PDF please visit: PDF Help
Final Rule
The final rule for the program was approved by the FDIC Board of Directors on November 21, 2008.
Final Rule regarding the Temporary Liquidity Guarantee Program - PDF
Frequently Asked Questions – As
of May 26, 2010
2010 Amendments/Modifications
Final Rule Regarding Amendment of the Temporary Liquidity Guarantee Program to Extend the Transaction Account Guarantee Program - PDF
Amendment of the Temporary Liquidity Guarantee Program To Extend the Transaction Account Guarantee Program With Opportunity To Opt Out - PDF
Guidance on Revised Transaction Account Guarantee Program Reporting Requirements Effective September 30, 2010 - PDF
2009 Amendments/Modifications
Final Rule Amending the Debt Guarantee Program to Provide for the Establishment of a Limited Six-Month Emergency Guarantee Facility - PDF
Final Rule regarding Limited Amendment of the Temporary Liquidity Guarantee Program to Extend the Transaction Account Guarantee Program with Modified Fee Structure - August 26, 2009 - PDF
Final Rule: Mandatory Convertible Debt - PDF
Final Rule: Extension and Surcharge - PDF
Reports & Data
Monthly Reports Related to the Temporary Liquidity Guarantee Program – through
February 28, 2011
TLGP Opt Out Lists – As of May 7, 2010
Fourth Quarter 2010 TLGP Data - Quarterly Banking Profile
Third Quarter 2010 TLGP Data - Quarterly Banking Profile
Second Quarter 2010 TLGP Data - Quarterly Banking Profile
First Quarter 2010 TLGP Data - Quarterly Banking Profile
Fourth Quarter 2009 TLGP Data - Quarterly Banking Profile
Third Quarter 2009 TLGP Data - Quarterly Banking Profile
Second Quarter 2009 TLGP Data - Quarterly Banking Profile
First Quarter 2009 TLGP Data - Quarterly Banking Profile
Year-end 2008 TLGP data – Quarterly Banking Profile
Claims Process
Guidance on FDIC-Guaranteed Debt Claims Payment
Process (Non-Commercial Paper) - Revised May 27, 2009
Memorandum of Understanding: Settlement Procedures
on FDIC-Guaranteed Commercial Paper - PDF
Demand and Proof of Claim Form
Reporting & Forms Information
Master Agreement for Temporary Liquidity Guarantee Program - Debt Guarantee Program - PDF
Sample Election Form - PDF
Election Form Instructions - PDF
Finding an RSSD ID Number (FFIEC.gov)
Access FDICconnect
Financial Institution Letters
April 13, 2010 - Transaction Account Guarantee Extension; Interim Final Rule
September 9, 2009 - Alternatives for Effectively Concluding Debt Guarantee Program - Notice of Proposed Rulemaking
August 27, 2009 - Transaction Account Guarantee Extension Third Quarter 2009
March 23, 2009 - Changes to Debt Guarantee Program Reporting Requirements
March 18, 2009 - Extension of Temporary Liquidity Guarantee Program; Interim Rule
March 2, 2009 - Modification of Temporary Liquidity Guarantee: Program Interim Final Rule on Mandatory Convertible Debt Under the TLGP
January 12, 2009 - Temporary Liquidity Guarantee Program: Guidance to Periodic Debt Balance Reporting
December 11, 2008 - Revisions to Regulatory Reports Filed by FDIC-Insured Depository Institution
December 8, 2008 - Temporary Liquidity Guarantee Program: Debt Guarantee Program - Debt Instrument Reporting
Speeches & Testimony
March 4, 2011 - Statement of Jason C. Cave, Deputy Director for Complex Financial Institutions Monitoring, Office of Complex Financial Institutions, Federal Deposit Insurance Corporation on the Temporary Liquidity Guarantee Program, Congressional Oversight Panel, Washington, D.C.
Resources
Subscribe for email updates and other information on the TLGP.
EconomicRecovery.gov - A resource for the American people to find help to keep their homes, find jobs and protect their savings.
Temporary Liquidity Guarantee Program Archives
