Berkshire Hills Bancorp
Berkshire Hills Bancorp returned its bailout funds on May 27, 2009
| Disbursed | $40,000,000 |
| Returned | $40,000,000 |
| Revenue to Gov't | $1,917,777 |
| Profit | $1,917,777 |
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Map: Corporate headquarters of Berkshire Hills Bancorp.
Pittsfield,
Mass.
See all recipients in Massachusetts
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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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$1M Revenue
Jun. 24, 2009 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$878K 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 -
$40M Payback
May 27, 2009
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$40M Bailout
Dec. 19, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 06/24/2009 | Warrant | $1,040,000 | CPP | Warrant Proceeds |
| 05/31/2009 | Dividend | $877,778 | CPP | Dividends Paid Through 5/31/2009 |
| 05/27/2009 | Refund | $40,000,000 | CPP | |
| 12/19/2008 | Purchase | $40,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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