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Home > Regulation & Examinations > Resources for Bank Officers & Directors > Temporary Liquidity Guarantee Program



Temporary Liquidity Guarantee Program

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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.

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 (PDF Help)

Any questions regarding the final rule may be sent to tlgp@fdic.gov.

Election Form Update
The final version of the election form and form instructions, based on the final rule adopted by the FDIC Board of Directors on November 21, 2008 may be found at the following links:

  • Sample Election Form - PDF (PDF Help)
  • Election Form Instructions - PDF (PDF Help)


    • This form will be available on FDICconnect on Monday, November 24, 2008.
  • Accessing FDICconnect


    • Finding an RSSD ID Number

    Master Agreement for Temporary Liquidity Guarantee Program - Debt Guarantee Program - PDF     (PDF Help)
    Updated November 24, 2008 - Contains changes to section 2.03 of Master Agreement and Annex A "Ranking" paragraph.

    Frequently Asked Questions – As of December 2, 2008
    Any further questions may be submitted by email to tlgp@fdic.gov.

    Press Releases
    November 21, 2008 - FDIC Board of Directors Approves TLGP Final Rule
    November 3, 2008 - FDIC Extends Opt-Out Deadline For Participation In The Temporary Liquidity Guarantee Program
    October 23, 2008 - FDIC Issues Interim Rule to Implement the Temporary Liquidity Guarantee Program
    October 16, 2008 - FDIC Announces Series of Banker Calls on Its Temporary Liquidity Guarantee Program
    October 14, 2008 - FDIC Announces Plan to Free Up Bank Liquidity

    Financial Institution Letters
    November 21, 2008 - Temporary Liquidity Guarantee Program: FDIC Board of Directors Adopts Final Rule
    November 3, 2008 - Extension of Deadlines and Election Instructions
    October 23, 2008 - Temporary Liquidity Guarantee Program: Interim Rule
    October 15, 2008 - Temporary Liquidity Guarantee Program: FDIC Announces Temporary Program to Encourage Liquidity and Confidence in the Banking System

    Technical Briefings
    The FDIC will hold periodic briefings to answer questions about the program

    Archived Briefings
    The FDIC provides an archive of the past calls discussing the program and answering questions from the industry.

    Briefing Transcripts
  • Morning Teleconference - Tuesday, October 14, 2008
  • Afternoon Teleconference - Tuesday, October 14, 2008
  • Teleconference - Thursday, October 16, 2008
    • EconomicRecovery.gov - A resource for the American people to find help to keep their homes, find jobs and protect their savings.

    Interim Rule & Comment Period
    Amendment to the Interim Rule with request for comments - PDF (PDF Help)

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




    		Last Updated 12/3/2008 tlgp@fdic.gov

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