The Treasury Department on Friday extended the Nov. 14 deadline for nonpublic and mutually owned financial institutions applying for funding under its Capital Purchase Program.

The agency is trying to figure out how these institutions can participate since they do not issue preferred stock, which the Treasury is taking in return for the capital injections.

The agency also released the documents that participating institutions must file.

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.