Stearns Financial Services
Stearns Financial Services returned its bailout funds on Jan. 18, 2012
| Disbursed | $24,900,000 |
| Returned | $24,900,000 |
| Revenue to Gov't | $5,707,572 |
| Profit | $5,707,572 |
Jump to table of transactions
Map: Corporate headquarters of Stearns Financial Services.
St. Cloud,
Minn.
See all recipients in Minnesota
Find a Bailout
About This Project
We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .
- Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
- Our bailout recipient list tracks the companies to which Treasury has committed money.
- In the bailout map, we track bailout recipients by state.
Events
-
$1M Revenue
Jan. 18, 2012 Subordinated Debentures
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$25M Payback
Jan. 18, 2012 Repayment
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$522K Revenue
Aug. 15, 2011 Interest
Part of Capital Purchase Program -
$522K Revenue
May 16, 2011 Interest
Part of Capital Purchase Program -
$522K Revenue
Feb. 15, 2011 Interest
Part of Capital Purchase Program -
$522K Revenue
Nov. 15, 2010 Interest
Part of Capital Purchase Program -
$522K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$522K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$522K Revenue
Feb. 16, 2010 Interest Payment
Part of Capital Purchase Program -
$522K Revenue
Nov. 16, 2009 Interest Payment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$284K Revenue
Aug. 17, 2009 Interest Payment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$25M Bailout
Jun. 26, 2009 Subordinated Debentures w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 01/18/2012 | Refund | $24,900,000 | CPP | Repayment |
| 01/18/2012 | Warrant | $1,245,000 | CPP | Subordinated Debentures |
| 08/15/2011 | Interest | $522,278 | CPP | Interest |
| 05/16/2011 | Interest | $522,278 | CPP | Interest |
| 02/15/2011 | Interest | $522,278 | CPP | Interest |
| 11/15/2010 | Interest | $522,278 | CPP | Interest |
| 08/16/2010 | Interest | $522,278 | CPP | Dividends payment |
| 05/17/2010 | Interest | $522,278 | CPP | Dividends payment |
| 02/16/2010 | Interest | $522,278 | CPP | Interest Payment |
| 11/16/2009 | Interest | $522,278 | CPP | Interest Payment |
| 08/17/2009 | Interest | $284,351 | CPP | Interest Payment |
| 06/26/2009 | Purchase | $24,900,000 | CPP | Subordinated Debentures w/ Exercised Warrants |
For our blog, resources and more, see our main bailout page.