New Capital Purchase Program Transaction Report Released
The Treasury Department released details of the latest round of Capital Purchase Program transactions totaling $1.15 billion for 42 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 $2 million to $266 million. The Treasury Department's aggregate investments under the Capital Purchase Program now total $195.33 billion. Click here for the Treasury Department's press release, and click here for all Capital Purchase Program transactions to date.
