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Companies in Michigan

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$80.2B
Total disbursement to Mich.

$62.1B
Total returned

$6.71B
Total revenues from dividends, interest, and other fees

$-11.4B
Total net to date

See our complete list of recipients »

Bailout Funds Outgoing Bailout Funds, Incoming
Name Type Profit /
Net Outstanding
Disbursed Returned Dividends +
Interest
Warrants Other Proceeds
United Bank Mortgage Corporation Mortgage Servicer -$339,774 $339,774 $0 $0 $0 $0
Chrysler Auto Company -$1,315,061,737 $10,748,284,222 $7,256,590,642 $1,171,263,942 $0 $1,005,367,901
Chrysler Financial Services Financial Services Company $22,405,894 $1,500,000,000 $1,500,000,000 $7,405,894 $0 $15,000,000
Citizens Republic Bancorp Bank (Public) $69,245,437 $300,000,000 $300,000,000 $69,245,437 $0 $0
Firstbank Corp Bank (Public) $5,185,560 $33,000,000 $30,587,530 $5,651,360 $1,946,670 $0
Flagstar Bancorp Bank (Public) $11,204,056 $266,657,000 $240,627,277 $37,220,874 $12,905 $0
General Motors Auto Company -$11,410,472,582 $50,744,648,329 $38,640,015,146 $694,160,600 $0 $0
GMAC (now Ally Financial) Financial Services Company $1,380,643,757 $16,290,000,000 $13,990,750,000 $3,679,893,757 $0 $0
Independent Bank Corporation Bank (Public) $9,004,000 $72,000,000 $72,000,000 $9,004,000 $0 $0
Monarch Community Bancorp Bank (Public) -$1,976,879 $6,785,000 $4,545,202 $262,919 $0 $0
United Bancorp Bank (Public) -$284,075 $20,600,000 $16,750,221 $3,527,704 $38,000 $0
Mackinac Financial Corporation Bank (Public) $2,521,828 $11,000,000 $10,380,905 $1,840,923 $1,300,000 $0
Birmingham Bloomfield Bancshares Bank (Private) $424,024 $3,379,000 $3,379,000 $342,024 $82,000 $0
Mercantile Bank Corporation Bank (Public) $10,631,120 $21,000,000 $21,000,000 $3,166,020 $7,465,100 $0
Mortgage Center LLC Mortgage Servicer -$1,369,306 $1,369,306 $0 $0 $0 $0
First Independence Corporation Bank (Community Development) -$402,739 $3,223,000 $2,286,675 $533,586 $0 $0
Hillsdale County National Bank Mortgage Servicer -$248,069 $248,069 $0 $0 $0 $0
Valley Financial Group, Ltd., 1st State Bank Bank (Private) $189,776 $1,300,000 $1,300,000 $124,776 $65,000 $0
Michigan Homeowner Assistance Nonprofit Housing Corporation State Housing Orgs -$180,270,703 $180,270,703 $0 $0 $0 $0
Flagstar Capital Markets Corporation Mortgage Servicer $0 $0 $0 $0 $0 $0
Quicken Loans Inc Mortgage Servicer $0 $0 $0 $0 $0 $0