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 Capital Purchase Program

Capital Purchase Program​​​

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. 

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Key Facts

  • 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, and Treasury has since focused on recovering the investments.
  • Taxpayers have already recovered more than the amount invested in banks through the CPP.
  • Treasury is in the process of winding down its remaining bank investments in a way that protects taxpayer interests and preserves the strength of our nation's banks.
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Last Updated: 1/15/2014 3:10 PM