Journalism in the Public Interest

Millenium Bancorp

Edwards, Colo. | See all recipients in Colorado

This investment resulted in a loss to taxpayers. See below for details.

$7.26M Disbursed
$2.9M Returned
$1.39M Revenue to Gov't
$2.96M Net Outstanding
$7.26M Committed
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  • $1.05M Revenue

    Aug. 14, 2012 Dividend - Cumulative

  • $2.9M Payback

    Aug. 14, 2012 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.

    More info from

  • $98.9K Revenue

    Feb. 26, 2010 Dividends payment

  • $98.9K Revenue

    Nov. 16, 2009 Dividends payment

  • $98.9K Revenue

    Aug. 17, 2009 Dividends Paid in Aug. 2009

  • $46.2K Revenue

    May 31, 2009 Dividends Paid Through 5/31/2009

    This amount reflects the sum of dividends paid up to 5/31/2009

  • $7.26M Bailout

    Apr. 3, 2009 Purchase - Preferred Stock w/ Exercised Warrants

Date Type Amount Program Description
08/14/2012 Refund $2,904,000 CPP Partial Repayment
08/14/2012 Dividend $1,049,509 CPP Dividend - Cumulative
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
04/03/2009 Purchase $7,260,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

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