February 28, 2009
Authored by: Bryan Cave
On February 24, 2009, the Treasury announced the completion of the fifteenth round of TARP Capital infusions. The Treasury purchased a total of approximately $365 million in securities from 23 financial institutions on Friday, February 20, 2009, and has now invested in 441 institutions, totaling approximately $196.4 billion.
In this fifteenth round, First Merchants Corporation of Muncie, Indiana, received the largest Capital infusion, $116 million, and Lafayette Bancorp, Inc. of Oxford, Mississippi, received the smallest Capital infusion, $1.99 million.
Click here to view our updated TARP Map.
Click here to view our updated list of TARP Capital recipients and a description of our methodology in compiling the list.