UCBH Holdings
San Francisco,
Calif. |
See all recipients in California
This investment resulted in a loss to taxpayers. See below for details.
| $299M Disbursed |
| $0 Returned |
| $7.51M Revenue to Gov't |
| $291M Net Outstanding |
| $299M Committed |
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On Friday, November 6, 2009, United Commercial Bank, San Francisco, CA was closed by the California Department of Financial Institutions, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
Events
-
$7.51M 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 -
$299M Bailout
Nov. 14, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 05/31/2009 | Dividend | $7,509,920 | CPP | Dividends Paid Through 5/31/2009 |
| 11/14/2008 | Purchase | $298,737,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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