For example, more than three-fourths of the companies that received funds from the Troubled Asset Relief Program (TARP) capital purchase program were, in fact, community banks. In addition, the Debt Guarantee Program put in place by the FDIC under the TLGP has also been available to community banks, helping to support market confidence.
And the Federal Reserve’s discount window lending as well as the Term Auction Facility, which offered discount window funding through auctions, were available to banks regardless of size and benefited community as well as larger banking organizations.