Bailout Tracker

Tracking Every Dollar and Every Recipient

Companies » Bank (Private)

Gold Canyon Bank

Gold Canyon, Ariz. | See all recipients in Arizona

$1.61M

Disbursed

$0

Returned

$53.9K

Revenue to Gov't

$1.55M

Net Outstanding

On 04/05/2013, Gold Canyon Bank, Gold Canyon, Arizona was closed by the Arizona Department of Financial Institutions, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

This investment resulted in a loss to taxpayers.

Date	Type	Amount	Program	Description
02/16/2010	Dividend	$21,168	CPP	Dividends payment
11/16/2009	Dividend	$21,168	CPP	Dividends payment
08/17/2009	Dividend	$11,525	CPP	Dividends Paid in Aug. 2009
06/26/2009	Purchase	$1,607,000	CPP	Preferred Stock w/ Exercised Warrants More info...

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About the data

Our lists of recipients and programs deal only with expenditures by the Treasury Department – in other words, taxpayer money.

We've included all such money allocated by Congress, both the broader $700 billion TARP bill (later reduced to $475 billion) and the separate bailout of Fannie Mae and Freddie Mac.