ProPublica

Journalism in the Public Interest

Rising Sun Bancorp

Rising Sun, Md. | See all recipients in Maryland

This investment resulted in a loss to taxpayers. See below for details.

$5.98M Disbursed
$0 Returned
$196K Revenue to Gov't
$5.79M Net Outstanding
$5.98M Committed
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The subsidiary bank of Rising Sun Bancorp, NBRS Financial, was closed by the Maryland Office of the Commissioner of Financial Regulation, and the FDIC was named Receiver on Friday, 10/17/2014.

Events

Date Type Amount Program Description
08/17/2009 Dividend $81,515 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $114,122 CPP Dividends Paid Through 5/31/2009
01/09/2009 Purchase $5,983,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

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