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Temporary Liquidity Guarantee Program: Extension of Deadlines and Election Instructions
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Description:On October 14, 2008, the FDIC announced the Temporary Liquidity Guarantee Program to strengthen confidence and encourage liquidity in the banking system. All eligible entities are covered under the program unless they opt out of one or both of the components by December 5, 2008 (extended from November 12, 2008); otherwise, fees will apply for future participation.
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Content Notes:Guidance for Election Options and Reporting Requirements attachment is attached to PDF FIL
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Release Date:11/03/2008
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Update Date:11/21/2008
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Withdrawn Date:Not Available.
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Source:FDIC Website
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Memorandum To:All FDIC-Insured Institutions
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FIL Number:FIL-125-2008
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File Type:
Supporting Files
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