Well under Bush it appears to have done just the opposite:
The 20 largest banks that received government rescue funds slightly reduced their lending to consumers and businesses in the last three months of 2008, the government said Tuesday.
The Treasury Department said the banks reduced their mortgage and business loans by a median of 1 percent each, while credit card lending rose by a median of 2 percent. The median is the point halfway between the banks that lent the most and those that lent the least.
Ironically this puts Bank of America on the list, who seems determined to get me to sign up with their insurance or credit cards by calling me multiple times per day. They do that despite me being on the national do not call list and telling them countless times to not call anymore. Perhaps Congress can next tackle BoAs constant violation of the law in this sense.