United Bancorp
Tecumseh,
Mich. |
See all recipients in
Michigan
$20.6M
Disbursed
$16.8M
Returned
$3.57M
Revenue to Gov't
$284K
Net Outstanding
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 07/18/2012 | Warrant | $38,000 | CPP |
Warrant Proceeds
|
| 06/19/2012 | Dividend | $97,232 | CPP |
Dividend - Cumulative
|
| 06/13/2012 | Refund | $16,750,221 | CPP |
Partial Repayment
On 6/13/2012, Treasury executed an underwriting agreement for the sale of 20,600 shares of United Bancorp, Inc. preferred stock at $825.50 per share (less underwriting discounts) for net proceeds of $16,750,220.50 plus accrued and unpaid dividends.
|
| 05/15/2012 | Dividend | $257,500 | CPP |
Dividend - Cumulative
|
| 02/15/2012 | Dividend | $257,500 | CPP |
Dividend - Cumulative
|
| 11/15/2011 | Dividend | $257,500 | CPP |
Dividend - Cumulative
|
| 08/15/2011 | Dividend | $257,500 | CPP |
Dividend - Cumulative
|
| 05/16/2011 | Dividend | $257,500 | CPP |
Dividend - Cumulative
|
| 02/15/2011 | Dividend | $257,500 | CPP |
Dividend - Cumulative
|
| 11/15/2010 | Dividend | $257,500 | CPP |
Dividend - Cumulative
|
| 08/16/2010 | Dividend | $257,500 | CPP |
Dividends payment
|
| 05/17/2010 | Dividend | $257,500 | CPP |
Dividends payment
|
| 02/16/2010 | Dividend | $257,500 | CPP |
Dividends payment
|
| 11/16/2009 | Dividend | $257,500 | CPP |
Dividends payment
|
| 08/17/2009 | Dividend | $257,500 | CPP |
Dividends Paid in Aug. 2009
|
| 05/31/2009 | Dividend | $340,472 | CPP |
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
|
| 01/16/2009 | Purchase | $20,600,000 | CPP |
Purchase - Preferred Stock w/ Warrants
|