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Where is the Money?

Eye on the Bailout

Companies » Bank (Community Development)

M&F Bancorp

$11,735,000
Committed
0.1%
of Bank bailout commitment
0.1% >
of total bailout commitment.
Disbursed $11,735,000
Returned $0
Revenue to Gov't $906,202
Net Outstanding $10,828,798

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Map: Corporate headquarters of M&F Bancorp.
Durham, N.C.
See all recipients in North Carolina

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This institution qualified to participate in the Community Development Capital Initiative (CDCI) and exchanged its Capital Purchase Program (CPP) investment for an equivalent amount of investment with Treasury under the CDCI program terms. We've listed the original CPP investment as a CDCI investment.

Events

Date Type Amount Program Description
08/15/2011 Dividend $58,675 CDCI Dividend - Cumulative
05/12/2011 Dividend $58,675 CDCI Dividend - Cumulative
02/15/2011 Dividend $58,675 CDCI Dividend - Cumulative
11/12/2010 Dividend $55,415 CDCI Dividend - Cumulative
08/12/2010 Dividend $154,837 CPP Dividends payment
05/17/2010 Dividend $146,688 CPP Dividends payment
02/12/2010 Dividend $146,688 CPP Dividends payment
11/13/2009 Dividend $146,688 CPP Dividends payment
08/14/2009 Dividend $79,863 CPP Dividends Paid in Aug. 2009
06/26/2009 Purchase $11,735,000 CDCI Preferred Stock

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