American Express

New York, N.Y. | See all recipients in New York
$3.39B
Disbursed
$3.39B
Returned
$414M
Revenue to Gov't
$414M
Profit

American Express won approval from the U.S. Federal Reserve in Nov. 2008 to become a bank holding company in order to qualify for TARP funds.

Date Type Amount Program Description
07/29/2009 Warrant $340,000,000 CPP
Warrant Proceeds
06/17/2009 Dividend $15,061,733 CPP
Dividend Paid
06/09/2009 Refund $3,388,890,000 CPP
The Treasury announces 10 banks have been approved to pay back their TARP funds. AmEx announces it is among them.
05/31/2009 Dividend $59,305,575 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
01/09/2009 Purchase $3,388,890,000 CPP
Purchase - Preferred Stock w/ Warrants
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