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PRESS RELEASE

FOR IMMEDIATE RELEASE
Elise Brooks, (202) 589-2427

Roundtable Commends First Companies Eligible to Repay Under CPP

Washington, D.C.—June 9, 2009— The Financial Services Roundtable commends the first ten financial institutions in the Capital Purchase Program for receiving regulatory approval to repay the capital to Treasury. The taxpayers can expect principal payments of up to $68 billion.

“The financial services industry is well-capitalized,” said Steve Bartlett, President and CEO, The Financial Services Roundtable. “This is a positive sign for the industry and the economy.”

The Financial Services Roundtable represents 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO.

Roundtable member companies provide fuel for America's economic engine, accounting directly for $85.2 trillion in managed assets, $980 billion in revenue, and 2.3 million jobs.

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