Crescent Financial Corp

$24,900,000
Committed
0.2%
of Bank bailout commitment
0.1% >
of total bailout commitment.
Disbursed $24,900,000
Returned $0
Revenue to Gov't $2,303,250
Net Outstanding $22,596,750

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Map: Corporate headquarters of Crescent Financial Corp.
Cary, N.C.
See all recipients in North Carolina

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About This Project

We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .

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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

Events

Date Type Amount Program Description
11/15/2010 Dividend $311,250 CPP Dividend - Cumulative
08/16/2010 Dividend $311,250 CPP Dividends payment
05/17/2010 Dividend $311,250 CPP Dividends payment
02/16/2010 Dividend $311,250 CPP Dividends payment
11/16/2009 Dividend $311,250 CPP Dividends payment
08/17/2009 Dividend $311,250 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $435,750 CPP Dividends Paid Through 5/31/2009
01/09/2009 Purchase $24,900,000 CPP Purchase - Preferred Stock w/ Warrants

For our blog, resources and more, see our main bailout page.