Financial Crisis News Center

Treasury Releases Latest Capital Purchase Program Transactions

This story appeared in Bank Digest.

The Treasury Department has released the latest transactions completed under its Capital Purchase Program. The report indicated that, to date, the Treasury has received $70,805,427,000 in capital repayments.

http://www.financialstability.gov/docs/transaction-reports/10-30-09%20Transactions%20Report%20as%20of%2010-28-09.pdf

Treasury Releases Latest CPP Transactions Report

This story appeared in Bank Digest.

The Treasury Department has released the latest transactions completed under its Capital Purchase Program. As of October 23, 2009, the Treasury has invested $204,662,776,320 in 746 financial institutions.

Treasury Department Issues Cumulative Dividends Report

This story appeared in Bank Digest.

The Treasury Department has released its Cumulative Dividends Report as of Sept. 30, 2009. The report covers the dividends paid by financial institutions that have received assistance from the federal government pursuant to such programs as the Capital Purchase Program, Systemically Significant Failing Institution Program or Automotive Industry Financing Program.

OTS Provides Exam Guidance for CPP

This story appeared in Bank Digest.

The OTS has provided savings associations and holding companies participating in the Troubled Asset Relief Program’s Capital Purchase Program guidance for ensuring compliance with the provisions of the Securities Purchase Agreement and applicable laws and regulations. The OTS will monitor a participant's use of CPP funds to augment capital and support lending needs in its market. The OTS noted that, even though the terms of the Securities Purchase Agreement do not mandate specific use of these federal monies, the OTS expects each institution and holding company to document the use of CPP funds as a matter of sound corporate governance. Examiners will expect a level of documentation commensurate with the amount of TARP funds received and the percentage of funds directed to thrift activities.

Treasury Posts CPP Contracts

This story appeared in Bank Digest.

In its move to increase transparency, the Treasury Department has posted the investment contracts it has entered into with banks under the Capital Purchase Program (CPP). Unless otherwise noted, the contracts were executed on Sept. 25, 2009: Grand Financial Corporation; Guaranty Capital Corporation; Heritage Bankshares, Inc.; IA Bancorp, Inc.; Mountain Valley Bancshares, Inc.; and Steele Street Bank Corporation, Inc. 

http://www.financialstability.gov/impact/contracts_list.htm

Treasury Releases Latest CPP Transactions Report

This story appeared in Bank Digest.

The Treasury Department has released the latest transactions completed under its Capital Purchase Program. As of Oct. 2, 2009, the Treasury has invested $204,643,825,320 in 744 financial institutions.

Treasury Posts CPP Contracts

This story appeared in Bank Digest.

In its move to increase transparency, the Treasury Department has posted the investment contracts it has entered into with banks on Sept. 11, 2009, under the Capital Purchase Program (CPP): Community Bancshares of Mississippi, Inc.;  First Eagle Bancshares, Inc.; Heartland Bancshares, Inc.; and Pathfinder Bancorp, Inc.

http://www.financialstability.gov/impact/contracts_list.htm

Treasury Department Issues Cumulative Dividends Report

This story appeared in Bank Digest.

The Treasury Department has released its Cumulative Dividends Report as of Aug. 31, 2009. The report covers the dividends paid by financial institutions that have received assistance from the federal government pursuant to such programs as the Capital Purchase Program, Systemically Significant Failing Institution Program or Automotive Industry Financing Program.

Treasury Releases Latest CPP Transactions Report

This story appeared in Bank Digest.

The Treasury Department has released the latest transactions completed under its Capital Purchase Program. As of MM DD, 2009, the Treasury has invested $204,617,573,320 in 742 financial institutions. In addition, the Treasury has received $70,689,152,000 in capital repayments.

Treasury Posts CPP Contracts

This story appeared in Bank Digest.

In its move to increase transparency, the Treasury Department has posted the investment contracts it has entered into with banks on Sept. 11, 2009, under the Capital Purchase Program (CPP): First Eagle Bancshares, Inc. and PFSB Bancorporation, Inc.

http://www.financialstability.gov/impact/contracts_list.htm