United Bancorp
Tecumseh,
Mich. |
See all recipients in Michigan
This investment resulted in a loss to taxpayers. See below for details.
| $20.6M Disbursed |
| $16.8M Returned |
| $3.57M Revenue to Gov't |
| $284K Net Outstanding |
| $20.6M Committed |
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Events
-
$38K Revenue
Jul. 18, 2012 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$97.2K Revenue
Jun. 19, 2012 Dividend - Cumulative
Part of Capital Purchase Program -
$16.8M Payback
Jun. 13, 2012 Partial Repayment
On 6/13/2012, Treasury executed an underwriting agreement for the sale of 20,600 shares of United Bancorp, Inc. preferred stock at $825.50 per share (less underwriting discounts) for net proceeds of $16,750,220.50 plus accrued and unpaid dividends.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$258K Revenue
May 15, 2012 Dividend - Cumulative
Part of Capital Purchase Program -
$258K Revenue
Feb. 15, 2012 Dividend - Cumulative
Part of Capital Purchase Program -
$258K Revenue
Nov. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$258K Revenue
Aug. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$258K Revenue
May 16, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$258K Revenue
Feb. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$258K Revenue
Nov. 15, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$258K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$258K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$258K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$258K Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$258K Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$340K 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 -
$20.6M Bailout
Jan. 16, 2009 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from biz.yahoo.com
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 07/18/2012 | Warrant | $38,000 | CPP | Warrant Proceeds |
| 06/19/2012 | Dividend | $97,232 | CPP | Dividend - Cumulative |
| 06/13/2012 | Refund | $16,750,221 | CPP | Partial Repayment |
| 05/15/2012 | Dividend | $257,500 | CPP | Dividend - Cumulative |
| 02/15/2012 | Dividend | $257,500 | CPP | Dividend - Cumulative |
| 11/15/2011 | Dividend | $257,500 | CPP | Dividend - Cumulative |
| 08/15/2011 | Dividend | $257,500 | CPP | Dividend - Cumulative |
| 05/16/2011 | Dividend | $257,500 | CPP | Dividend - Cumulative |
| 02/15/2011 | Dividend | $257,500 | CPP | Dividend - Cumulative |
| 11/15/2010 | Dividend | $257,500 | CPP | Dividend - Cumulative |
| 08/16/2010 | Dividend | $257,500 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $257,500 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $257,500 | CPP | Dividends payment |
| 11/16/2009 | Dividend | $257,500 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $257,500 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $340,472 | CPP | Dividends Paid Through 5/31/2009 |
| 01/16/2009 | Purchase | $20,600,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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