First Independence Corporation

$3,223,000
Committed
0.1% >
of Bank bailout commitment
0.1% >
of total bailout commitment.
Disbursed $3,223,000
Returned $0
Revenue to Gov't $356,770
Net Outstanding $2,866,230

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Map: Corporate headquarters of First Independence Corporation.
Detroit, Mich.
See all recipients in Michigan

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About This Project

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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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

Events

Date Type Amount Program Description
11/15/2011 Dividend $40,288 CPP Dividend - Cumulative
08/16/2011 Dividend $40,288 CPP Dividend - Cumulative
05/13/2011 Dividend $40,288 CPP Dividend - Cumulative
02/15/2011 Dividend $40,288 CPP Dividend - Cumulative
11/15/2010 Dividend $40,288 CPP Dividend - Cumulative
08/16/2010 Dividend $40,288 CPP Dividends payment
05/17/2010 Dividend $40,288 CPP Dividends payment
02/17/2010 Dividend $40,288 CPP Dividends payment
11/16/2009 Dividend $34,468 CPP Dividends payment
08/28/2009 Purchase $3,223,000 CPP Preferred Stock

For our blog, resources and more, see our main bailout page.