Cascade Financial Corp

Everett, Wash. | See all recipients in Washington
$39M
Disbursed
$16.3M
Returned
$1.43M
Revenue to Gov't
$21.3M
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
06/30/2011 Refund $16,250,000 CPP
Partial Repayment
On 6/30/2011, Treasury completed the sale of all Cascade Financial Corporation Preferred Stock held by Treasury and the related Warrant to Opus Acquisition, Inc. ("Opus") for an aggregate purchase price of $16,250,000.00, pursuant to the terms of the agreement between Treasury and Opus entered into on 06/28/2011.
08/17/2009 Dividend $487,125 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $941,775 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
11/21/2008 Purchase $38,970,000 CPP
Purchase - Preferred Stock w/ Warrants
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