The Victory Bank
The Victory Bank returned its bailout funds on Sep. 22, 2011
| Disbursed | $2,046,000 |
| Returned | $2,046,000 |
| Revenue to Gov't | $276,184 |
| Profit | $276,184 |
Jump to table of transactions
Map: Corporate headquarters of The Victory Bank.
Limerick,
Pa.
See all recipients in Pennsylvania
Find bailouts in your state:
We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .
- Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
- Our bailout recipient list tracks the companies to which Treasury has committed money.
Victory converted to a bank holding company structure, and on Dec. 4, 2009, the Treasury swapped its investment in Victory Bank to one in The Victory Bancorp, Inc., the new holding company.
Events
-
$11K Revenue
Sep. 22, 2011 Dividend - Non-Cumulative
Part of Capital Purchase Program -
$34K Revenue
Sep. 22, 2011 Warrant Proceeds
Part of Capital Purchase Program -
$27K Revenue
Sep. 22, 2011 Warrant Proceeds
Part of Capital Purchase Program -
$2M Payback
Sep. 22, 2011 Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institution’s participation in the Small Business Lending Fund.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$541K Payback
Sep. 22, 2011 Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institution’s participation in the Small Business Lending Fund.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$27K Revenue
Aug. 15, 2011 Dividend - Non-Cumulative
Part of Capital Purchase Program -
$27K Revenue
May 16, 2011 Dividend - Non-Cumulative
Part of Capital Purchase Program -
$27K Revenue
Feb. 15, 2011 Dividend - Non-Cumulative
Part of Capital Purchase Program -
$27K Revenue
Nov. 15, 2010 Dividend - Non-Cumulative
Part of Capital Purchase Program -
$27K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$27K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$21K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$2M Bailout
Dec. 11, 2009 Preferred Stock w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$7K Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$7K Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$6K 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 -
$541K Bailout
Feb. 27, 2009 Purchase - Preferred Stock w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 09/22/2011 | Warrant | $34,000 | CPP | Warrant Proceeds |
| 09/22/2011 | Warrant | $27,000 | CPP | Warrant Proceeds |
| 09/22/2011 | Refund | $1,505,000 | CPP | Repayment |
| 09/22/2011 | Refund | $541,000 | CPP | Repayment |
| 09/22/2011 | Dividend | $11,078 | CPP | Dividend - Non-Cumulative |
| 08/15/2011 | Dividend | $26,948 | CPP | Dividend - Non-Cumulative |
| 05/16/2011 | Dividend | $26,948 | CPP | Dividend - Non-Cumulative |
| 02/15/2011 | Dividend | $26,948 | CPP | Dividend - Non-Cumulative |
| 11/15/2010 | Dividend | $26,948 | CPP | Dividend - Non-Cumulative |
| 08/16/2010 | Dividend | $26,948 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $26,948 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $21,292 | CPP | Dividends payment |
| 12/11/2009 | Purchase | $1,505,000 | CPP | Preferred Stock w/ Exercised Warrants |
| 11/16/2009 | Dividend | $7,370 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $7,370 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $6,388 | CPP | Dividends Paid Through 5/31/2009 |
| 02/27/2009 | Purchase | $541,000 | CPP | Purchase - Preferred Stock w/ Exercised Warrants |
For our blog, resources and more, see our main bailout page.