Application Process Delayed For Treasury’s Capital Purchase Program

November 3, 2008 at 4:08 pm Leave a comment

The Treasury Department, on October 31, announced that the November 14, 2008 application deadline and public term sheet for participation in the Capital Purchase Program applies solely to eligible publicly traded financial institutions. The Treasury will post an application form and term sheet for privately held eligible financial institutions at a later date and establish a reasonable deadline for privately held institutions to apply.

As always, we will keep you informed of the new deadlines. Please contact us if you have any questions.

Entry filed under: Client Alerts, Financial Institutions.

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