For those interested in where the Federal TARP funds have gone so far, here's the list courtesy of the GAO. And this does not include the special deals for Fannie Mae, Freddie Mac, and Citigroup.
Name of qualified financial institution |
Fed Investment |
Company Assets |
Purchases on October 28, 2008 | ||
Bank of America Corp. |
$15,000 |
$1,831,000 |
Bank of New York Mellon Corp. |
3,000 |
268,000 |
Citigroup, Inc. |
25,000 a |
2,050,000 |
Goldman Sachs Group, Inc. |
10,000 |
1,082,000b |
JPMorgan Chase & Co. |
25,000 |
2,251,000 |
Morgan Stanley |
10,000 |
987,000c |
State Street Corp. |
2,000 |
286,000 |
Wells Fargo & Co. |
25,000 |
1,371,000d |
Subtotal |
$115,000 |
$10,126,000 |
Purchases on November 14, 2008 | ||
Bank of Commerce Holdings |
$17 |
$651 |
1st FS Corporation |
16 |
670 |
UCBH Holdings, Inc. |
299 |
13,044 |
Northern Trust Corporation |
1,576 |
79,244 |
SunTrust Banks, Inc. |
3,500 |
174,777 |
Broadway Financial Corporation |
9 |
404 |
Washington Federal Inc. |
200 |
11,795 |
BB&T Corp. |
3,134 |
137 |
Provident Bancshares Corp. |
152 |
6,410 |
Umpqua Holdings Corp. |
214 |
8,328 |
Comerica Inc. |
2,250 |
65,153 |
Regions Financial Corp. |
3,500 |
144,292 |
Capital One Financial Corporation |
3,555 |
154,803 |
First Horizon National Corporation |
867 |
32,804 |
Huntington Bancshares |
1,398 |
54,661 |
KeyCorp |
2,500 |
101,290 |
Valley National Bancorp |
300 |
14,288 |
Zions Bancorporation |
1,400 |
53,974 |
Marshall & Ilsley Corporation |
1.715 |
63,501 |
U.S. Bancorp |
6,599 |
247,055 |
TCF Financial Corporation |
361 |
16,511 |
Subtotal |
33,562 |
1,235,464 |
Purchases on November 21, 2008 | ||
Ameris Bancorp |
52 |
2,258 |
Associated Banc-Corp |
525 |
22,487 |
Banner Corporation/Banner Bank |
124 |
4,650 |
Boston Private Financial |
154 |
7,022 |
Cascade Financial Corporation |
39 |
1,552 |
Centerstate Banks Of Florida Inc. |
28 |
1,235 |
City National Corporation |
400 |
16,331 |
Columbia Banking System, Inc. |
77 |
3,105 |
First Community Bancshares Inc. |
42 |
1,967 |
First Community Corporation |
11 |
634 |
First Niagra Financial Group |
184 |
9,008 |
First Pactrust Bancorp, Inc. |
19 |
846 |
Heritage Commerce Corp |
40 |
1,512 |
Heritage Financial Corporation |
24 |
905 |
Hf Financial Corp. |
25 |
1,128 |
Nara Bancorp, Inc. |
67 |
2,598 |
Pacific Capital Bancorp |
181 |
7,689 |
Porter Bancorp Inc |
35 |
1,596 |
Severn Bancorp, Inc. |
23 |
964 |
Taylor Capital Group |
105 |
4,075 |
Trustmark Corporation |
215 |
9,086 |
Webster Financial Corporation |
400 |
17,516 |
Western Alliance Bancorporation |
140 |
5,229 |
Subtotal |
$2,910 |
$123,393 |
Grand Total |
$151,472 |
$11,484,857 |