Millenium Bancorp
Edwards,
Colo. |
See all recipients in
Colorado
$7.26M
Disbursed
$2.9M
Returned
$1.39M
Revenue to Gov't
$2.96M
Net Outstanding
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 08/14/2012 | Dividend | $1,049,509 | CPP |
Dividend - Cumulative
|
| 08/14/2012 | Refund | $2,904,000 | CPP |
Partial Repayment
On 8/14/2012, Treasury completed the sale of all Millennium Bancorp, Inc. (Millennium) Preferred Stock held by Treasury to CIC Bancshares, Inc. (CIC) for an aggregate purchase price of (i) $2.904 million plus (ii) accrued and unpaid dividends on the Preferred Stock as of the closing date, pursuant to an agreement by and amount Treasury, CIC, and Millennium entered into on 4/20/2012.
|
| 02/26/2010 | Dividend | $98,918 | CPP |
Dividends payment
|
| 11/16/2009 | Dividend | $98,918 | CPP |
Dividends payment
|
| 08/17/2009 | Dividend | $98,918 | CPP |
Dividends Paid in Aug. 2009
|
| 05/31/2009 | Dividend | $46,162 | CPP |
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
|
| 04/03/2009 | Purchase | $7,260,000 | CPP |
Purchase - Preferred Stock w/ Exercised Warrants
|