TARP comes with a stigma and TALF and PPIP haven't worked as well as intended, but if there's one government program that many small and regional banks will be sorry to see go it's the TAG, or Transaction Account Guarantee program.

The program, launched in October, offers banks unlimited insurance coverage on non-interest-bearing transaction accounts, for a fee of 10 cents per $100 of deposits. Many bankers will tell you that the TAG has done more to prevent deposit runs than any other government action and that, without it, more banks surely would have failed.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.