ProPublica

Journalism in the Public Interest

UCBH Holdings

San Francisco, Calif. | See all recipients in California

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

$299M Disbursed
$100 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

  • $100.0 Payback

    May 31, 2017 Partial Repayment

    On May 31, 2017, Treasury received a court ordered $100.00 restitution check from a former executive of United Commercial Bank.

  • $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

  • $299M Bailout

    Nov. 14, 2008 Purchase - Preferred Stock w/ Warrants

Date Type Amount Program Description
05/31/2017 Refund $100 CPP Partial Repayment
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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