Treasury Department Releases Capital Purchase Program Transaction Update
The Treasury Department released details of the most recent round of Capital Purchase Program transactions, totaling $14.77 billion for 43 banks. The Capital Purchase Program allows qualified financial institutions to receive a capital injection from the Treasury Department in return for preferred stock and warrants. Today's report discloses investments ranging from approximately $1 million to $10 billion. The Treasury Department's aggregate investments under the Capital Purchase Program now total $192 billion. Click here for the Treasury Department's most recent Capital Purchase Program transactions, and click here for all Capital Purchase Program transactions to date.
