Covenant Financial Corporation

$5,000,000

Committed

0.1% >

of Bank bailout commitment

0.1% >

of total bailout commitment.

Map: Corporate headquarters of Covenant Financial Corporation.
Clarksdale, Miss.
See all recipients in Mississippi

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We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .

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$68K Revenue

Nov. 15, 2011 Dividend - Cumulative

Part of Capital Purchase Program
$68K Revenue

Aug. 15, 2011 Dividend - Cumulative

Part of Capital Purchase Program
$281K Revenue

Aug. 1, 2011 Dividend - Cumulative

Part of Capital Purchase Program
$68K Revenue

May 17, 2010 Dividends payment

Part of Capital Purchase Program
$68K Revenue

Feb. 16, 2010 Dividends payment

Part of Capital Purchase Program
$68K Revenue

Nov. 16, 2009 Dividends payment

Part of Capital Purchase Program
$53K Revenue

Aug. 17, 2009 Dividends Paid in Aug. 2009

Part of Capital Purchase Program
$5M Bailout

Jun. 5, 2009 Purchase - Preferred Stock w/ Exercised Warrants

Part of Capital Purchase Program

More info from financialstability.gov

Date	Type	Amount	Program	Description
11/15/2011	Dividend	$68,125	CPP	Dividend - Cumulative
08/15/2011	Dividend	$68,125	CPP	Dividend - Cumulative
08/01/2011	Dividend	$281,128	CPP	Dividend - Cumulative
05/17/2010	Dividend	$68,125	CPP	Dividends payment
02/16/2010	Dividend	$68,125	CPP	Dividends payment
11/16/2009	Dividend	$68,125	CPP	Dividends payment
08/17/2009	Dividend	$52,986	CPP	Dividends Paid in Aug. 2009
06/05/2009	Purchase	$5,000,000	CPP	Purchase - Preferred Stock w/ Exercised Warrants