Bailout Events for December 2016
See entire timeline of bailout events.
| Date | Entity | Type | Amount | Program | Description |
|---|---|---|---|---|---|
| 12/27/2016 | Phenix Pride Federal Credit Union | Refund | $142,000 | CDCI |
Partial Repayment
|
| 12/27/2016 | Shreveport Federal Credit Union | Refund | $2,434,320 | CDCI |
Partial Repayment
|
| 12/27/2016 | Thurston Union of Low Income People (TULIP) Cooperative Credit Union | Refund | $71,205 | CDCI |
Partial Repayment
|
| 12/27/2016 | Vigo County Federal Credit Union | Refund | $358,018 | CDCI |
Partial Repayment
|
| 12/20/2016 | M&F Bancorp | Refund | $9,388,000 | CDCI |
Partial Repayment
|
| 12/20/2016 | PGB Holdings | Refund | $2,940,000 | CDCI |
Partial Repayment
|
| 12/20/2016 | Southern Chautauqua Federal Credit Union | Refund | $1,589,370 | CDCI |
Partial Repayment
|
| 12/21/2016 | Guaranty Capital Corporation | Refund | $14,000,000 | CDCI |
Repayment
|
| 12/28/2016 | Allied First Bancorp | Refund | $1,044,000 | CPP |
Partial Repayment
|
| 12/27/2016 | Alternatives Federal Credit Union | Refund | $2,055,280 | CDCI |
Partial Repayment
|
| 12/27/2016 | Brooklyn Cooperative Federal Credit Union | Refund | $280,000 | CDCI |
Partial Repayment
|
| 12/27/2016 | Genesee Co-op Federal Credit Union | Refund | $279,000 | CDCI |
Partial Repayment
|
| 12/20/2016 | Community Plus Federal Credit Union | Refund | $415,000 | CDCI |
Repayment
|
| 12/20/2016 | Liberty Financial Services | Refund | $10,591,623 | CDCI |
Partial Repayment
|
| 12/06/2016 | The First Bancshares | Refund | $15,925,000 | CDCI |
Partial Repayment
|
| 12/20/2016 | CFBanc Corporation | Refund | $5,549,760 | CDCI |
Partial Repayment
|
| 12/31/2016 | Fannie Mae | Dividend | $2,977,000,000 | PSI |
Dividend Payment
The dividend was based on Fannie having a net worth of $4.1 billion as of September 30, 2016 minus the capital reserve amount of $1.2 billion.
|
| 12/31/2016 | Freddie Mac | Dividend | $2,310,000,000 | PSI |
Dividend Payment
The dividend amount was based on a net worth amount of $3.5 billion at September 30, 2016 minus the capital reserve of $1.2 billion.
|
| 12/30/2016 | Citizens Bancshares | Refund | $4,227,049 | CDCI |
Partial Repayment
|
| 12/30/2016 | D.C. Federal Credit Union | Refund | $970,900 | CDCI |
Partial Repayment
|
| 12/30/2016 | IBW Financial Corporation | Refund | $5,610,000 | CDCI |
Partial Repayment
|
| 12/30/2016 | Lower East Side People's Federal Credit Union / Union Settlement Federal Credit Union | Refund | $827,118 | CDCI |
Partial Repayment
|
| 12/30/2016 | Union Settlement Federal Credit Union | Refund | $271,715 | CDCI |
Partial Repayment
|
| 12/21/2016 | Guaranty Capital Corporation | Interest | $43,400 | CDCI |
Interest
|
| 12/20/2016 | M&F Bancorp | Dividend | $22,818 | CDCI |
Dividend - Cumulative
|
| 12/20/2016 | Liberty Financial Services | Dividend | $22,038 | CDCI |
Dividend - Cumulative
|
| 12/06/2016 | The First Bancshares | Dividend | $19,977 | CDCI |
Dividend - Cumulative
|
| 12/30/2016 | IBW Financial Corporation | Dividend | $15,000 | CDCI |
Dividend - Cumulative
|
| 12/20/2016 | CFBanc Corporation | Dividend | $11,241 | CDCI |
Dividend - Cumulative
|
| 12/30/2016 | Citizens Bancshares | Dividend | $10,948 | CDCI |
Dividend - Cumulative
|
| 12/27/2016 | Shreveport Federal Credit Union | Interest | $6,174 | CDCI |
Interest
|
| 12/20/2016 | PGB Holdings | Dividend | $5,833 | CDCI |
Dividend - Cumulative
|
| 12/27/2016 | Alternatives Federal Credit Union | Interest | $5,213 | CDCI |
Interest
|
| 12/20/2016 | Southern Chautauqua Federal Credit Union | Interest | $3,323 | CDCI |
Interest
|
| 12/30/2016 | D.C. Federal Credit Union | Interest | $2,555 | CDCI |
Interest
|
| 12/27/2016 | Vigo County Federal Credit Union | Interest | $908 | CDCI |
Interest
|
| 12/20/2016 | Community Plus Federal Credit Union | Interest | $875 | CDCI |
Interest
|
| 12/27/2016 | Brooklyn Cooperative Federal Credit Union | Interest | $700 | CDCI |
Interest
|
| 12/27/2016 | Genesee Co-op Federal Credit Union | Interest | $700 | CDCI |
Interest
|
| 12/27/2016 | Phenix Pride Federal Credit Union | Interest | $357 | CDCI |
Interest
|
| 12/27/2016 | Thurston Union of Low Income People (TULIP) Cooperative Credit Union | Interest | $175 | CDCI |
Interest
|
| 12/30/2016 | Lower East Side People's Federal Credit Union / Union Settlement Federal Credit Union | Interest | $2,983 | CDCI |
Interest
|
| 12/15/2016 | Maryland Community Development Administration | Subsidy | $476,810 (cumulative) | MHA |
Incentives for Home Loan Modifications
So far,
$331K
has actually been disbursed:
Subsidy as of July 2022
|
| 12/22/2016 | Broadway Financial Corporation | Refund | $6,952,779 | CPP |
Partial Repayment
|
| 12/22/2016 | Broadway Financial Corporation | Warrant | $524,768 | CPP |
Warrant Proceeds
|