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
|