Tarp Funds: Southern California Banks That Still Owe

A list of Southern California banks that as of June 6 had not repaid all funds from the U.S. Treasury's Troubled Asset Relief Program, with missed quarterly dividend payments.

BING NEWS:
  • Some Smaller Banks Still Owe TARP Money
    The banks, which received funds through the Troubled Asset Relief Program ... wiping out all but $6 million of taxpayers' investment in the bank.  California's Saigon National Bank owes roughly $1.5 million, plus an additional $390,000 in missed ...
    09/23/2013 - 4:23 pm | View Link
  • TARP funds: Southern California banks that still owe
    Status: Gerald R. Ford investor group took over troubled institution in April 2010, providing $500 million in new capital. Deal gave Treasury Department 11% stake in bank. Pending sale to UnionBanCal Corp. would more than double Ford's money and yield ...
    07/5/2012 - 9:00 pm | View Link
  • Facebook’s IPO Finra Test, TARP, Bank Reports: Compliance
    Finra ... funds aren’t yet required to clear trades under Dodd-Frank, with the mandate expected to be in place by next year. Judith Burns, a spokeswoman for the SEC, declined to comment. For more, click here. The U.S. Treasury may pool stakes in small ...
    05/18/2012 - 9:33 am | View Link
  • Facebook’s IPO Finra Test, TARP, Bank Reports: Compliance
    By combining stakes of small banks, the department may be able to attract investors who wouldn’t want to buy shares of those banks individually. Most of the 343 bailed-out banks still in TARP will be unable to repay $12 billion in taxpayer funds they ...
    05/18/2012 - 1:04 am | View Link
  • 6 Banks That Still Need To Roll Up Their TARP
    Nearly 84% of TARP funds ... in the Southern states. Zions Bancorp (Nasdaq:ZION) Although Zions loaned much less to individuals (and much more to companies) during the bubble, the company had heavy exposure to Western states like Arizona and California.
    03/7/2011 - 11:00 am | View Link
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  • Troubled Asset Relief Program
    The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its ...
    01/27/2015 - 11:29 pm | View Website
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