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Message: Bank Bailout: Who's getting the money

Bank Bailout: Who's getting the money

posted on Dec 01, 2008 01:53PM

Bank bailout: Who's getting the money

The Treasury Department is in the midst of doling out $250 billion to financial institutions nationwide as part of the $700 billion bailout plan. Here's a list of the banks that have received checks so far.



Date of Capital InjectionFinancial InstitutionCityStateAmount
10/28/2008 Wells Fargo & Co. San Francisco Calif. $25,000,000,000
10/28/2008 JPMorgan Chase & Co. New York N.Y. $25,000,000,000
10/28/2008 Citigroup Inc. New York N.Y. $25,000,000,000
10/28/2008 Bank of America Corp. Charlotte N.C. $15,000,000,000
10/28/2008 Merrill Lynch & Co. Inc. New York N.Y. $10,000,000,000
10/28/2008 Morgan Stanley New York N.Y. $10,000,000,000
10/28/2008 Goldman Sachs Group Inc. New York N.Y. $10,000,000,000
11/17/2008 U.S. Bancorp Minneapolis Minn. $6,599,000,000
11/17/2008 Capital One Financial Corp. McLean Va. $3,555,199,000
11/17/2008 Regions Financial Corp. Birmingham Ala. $3,500,000,000
11/17/2008 SunTrust Banks Inc. Atlanta Ga. $3,500,000,000
11/17/2008 BB&T Corp. Winston-Salem N.C. $3,133,640,000
10/28/2008 Bank of New York Mellon Corp. New York N.Y. $3,000,000,000
11/17/2008 KeyCorp Cleveland Ohio $2,500,000,000
11/17/2008 Comerica Inc. Dallas Texas $2,250,000,000
10/28/2008 State Street Corp. Boston Mass. $2,000,000,000
11/17/2008 Marshall & Ilsley Corp. Milwaukee Wis. $1,715,000,000
11/17/2008 Northern Trust Corp. Chicago Ill. $1,576,000,000
11/17/2008 Zions Bancorporation Salt Lake City Utah $1,400,000,000
11/17/2008 Huntington Bancshares Columbus Ohio $1,398,071,000
11/17/2008 First Horizon National Corp. Memphis Tenn. $866,540,000
11/17/2008 TCF Financial Corp. Wayzata Minn. $361,172,000
11/17/2008 Valley National Bancorp Wayne N.J. $300,000,000
11/17/2008 UCBH Holdings Inc. San Francisco Calif. $298,737,000
11/17/2008 Umpqua Holdings Corp. Portland Ore. $214,181,000
11/17/2008 Washington Federal Inc. Seattle Wash. $200,000,000
11/17/2008 Provident Bancshares Corp. Baltimore Md. $151,500,000
11/17/2008 Bank of Commerce Holdings Redding Calif. $17,000,000
11/17/2008 1st FS Corp. Hendersonville N.C. $16,369,000
11/17/2008 Broadway Financial Corp. Los Angeles Calif. $9,000,000
Total: $158,561,409,000


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