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Where is the Money?

Eye on the Bailout

Companies » Bank (Community Development)

Citizens Bancshares

$11,841,000
Committed
0.1%
of Bank bailout commitment
0.1% >
of total bailout commitment.
Disbursed $11,841,000
Returned $0
Revenue to Gov't $765,677
Net Outstanding $11,075,323

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Map: Corporate headquarters of Citizens Bancshares.
Atlanta, Ga.
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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 $59,205 CDCI Dividend - Cumulative
05/16/2011 Dividend $59,205 CDCI Dividend - Cumulative
02/15/2011 Dividend $59,205 CDCI Dividend - Cumulative
11/15/2010 Dividend $52,249 CDCI Dividend - Cumulative
09/17/2010 Purchase $4,379,000 CDCI Preferred Stock
08/13/2010 Dividend $91,202 CPP Dividends payment
05/17/2010 Dividend $93,275 CPP Dividends payment
02/16/2010 Dividend $93,275 CPP Dividends payment
11/16/2009 Dividend $93,275 CPP Dividends payment
08/17/2009 Dividend $93,275 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $71,511 CPP Dividends Paid Through 5/31/2009
03/06/2009 Purchase $7,462,000 CDCI Purchase - Preferred Stock

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