ProPublica

Journalism in the Public Interest

The Victory Bank

Limerick, Pa. | See all recipients in Pennsylvania
$2.05M Disbursed
$2.05M Returned
$276K Revenue to Gov't
$276K Profit
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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

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

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