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Monitoring the Use of Funding from Federal Financial Stability and Guaranty Programs
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Description:State nonmember institutions should implement a process to monitor their use of capital injections, liquidity support and/or financing guarantees obtained through recent financial stability programs established by Department of the Treasury, the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve. In particular, the monitoring processes should help to determine how participation in these federal programs has assisted institutions in supporting prudent lending and/or supporting efforts to work with existing borrowers to avoid unnecessary foreclosures. The FDIC encourages institutions to include a summary of this information in shareholder and public reports, annual reports and financial statements, as applicable.
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Content Notes:FIL-128- 2008
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Dataset Download URL:fdic.gov/news/financial-institution-letters/2009/fil09001.html
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Release Date:01/12/2009
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Update Date:11/14/2018
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Withdrawn Date:12/01/2018
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Fdic Employee Involved:Steven L. FrittsMindy West
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Source:FDIC Website
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Memorandum To:FDIC-Supervised Institutions
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FIL Number:FIL-1-2009
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Supporting Files
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