FirstMerit Corp
FirstMerit Corp returned its bailout funds on Apr. 22, 2009
| Disbursed | $125,000,000 |
| Returned | $125,000,000 |
| Revenue to Gov't | $6,813,194 |
| Profit | $6,813,194 |
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Map: Corporate headquarters of FirstMerit Corp.
Akron,
Ohio
See all recipients in Ohio
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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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Events
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$2M Revenue
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of Capital Purchase Program -
$5M Revenue
May 27, 2009 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$125M Payback
Apr. 22, 2009
Part of Capital Purchase ProgramMore info from www.bizjournals.com -
$125M Bailout
Jan. 9, 2009 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.reuters.com
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 05/31/2009 | Dividend | $1,788,194 | CPP | Dividends Paid Through 5/31/2009 |
| 05/27/2009 | Warrant | $5,025,000 | CPP | Warrant Proceeds |
| 04/22/2009 | Refund | $125,000,000 | CPP | |
| 01/09/2009 | Purchase | $125,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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