Program Purpose and Overview
The Capital Purchase Program (CPP) was launched to stabilize the financial system by providing capital to viable financial institutions of all sizes throughout the nation. Without a viable banking system, lending to businesses and consumers could have frozen and the financial crisis might have spiraled further out of control.
- The CPP helped bolster the capital position of viable institutions of all sizes and built confidence in these institutions and the financial system as a whole.
- Under CPP, Treasury provided capital to 707 financial institutions in 48 states.
- The final investment under the CPP was made in December 2009.
- Taxpayers recovered more than the amount invested in banks through the CPP.
- As of September 30, 2023, CPP is closed.
- Program Agreements (We've compiled all of our agreements and made them sortable by program, year, and institution name for your convenience.)
- Program Documents
- Auction Related
- Treasury Appointment of Board Directors and Observers to CPP Institutions
- Capital Purchase Program Repayment
- Treasury Appointment of Board of Directors
- Warrant Repayment
- Program Results
- Bank Lending Surveys
- Related Resources