Capital Assistance Program Faqs 02 2009

The Capital Assistance Program (CAP) is a new Treasury program that provides capital to qualifying financial institutions, and does not replace the Capital Purchase Program (CPP). To be eligible for CAP, an institution must be considered viable by its federal banking regulator and be a bank, bank holding company, or savings and loan holding company organized in the US. CAP applications will be accepted until May 25, 2009, and Treasury will work with the regulators to process applications quickly while determining final investment decisions. The terms of CAP investments will vary depending on the amount and needs of the institution.