Journalism in the Public Interest

Discover Financial Services

Riverwoods, Ill. | See all recipients in Illinois
$1.22B Disbursed
$1.22B Returned
$240M Revenue to Gov't
$240M Profit
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Discover Financial, which operates the Discover Card, was approved by the Fed to become a bank holding company in Dec. 2008 in order to qualify for TARP funds.


Date Type Amount Program Description
07/07/2010 Warrant $172,000,000 CPP Warrant Proceeds
04/21/2010 Refund $1,224,558,000 CPP Repayment
04/21/2010 Dividend $11,225,115 CPP Dividends payment
02/16/2010 Dividend $15,306,975 CPP Dividends payment
11/16/2009 Dividend $15,306,975 CPP Dividends payment
08/17/2009 Dividend $15,306,975 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $10,544,804 CPP Dividends Paid Through 5/31/2009
03/13/2009 Purchase $1,224,558,000 CPP Purchase - Preferred Stock w/ Warrants

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