On May 27, 2009, the Treasury announced the completion of the twenty-eighth round of TARP Capital infusions.  The Treasury purchased a total of approximately $108 million in securities from 12 financial institutions on Friday, May 22, 2009, and has now invested in 606 institutions, totaling approximately $199.3 billion.

Diamond Bancorp, Inc., Washington, Missouri, received the largest infusion, $20.5 million.  First Advantage Bancshares, Inc., Coon Rapids, Minnesota, received the smallest infusion, $1.2 million.

On May 20, 2009, Somerset Hills Bancorp and SCBT Financial Corporation redeemed their securities from the Treasury for $7.4 million and $65 million, respectively.  To date, sixteen institutions have re-paid approximately $1.3 billion, and Treasury’s outstanding investment equals approximately $197.9 billion.

Click here to view our updated TARP Map.

Click hereto view our updated list of TARP Capital recipients ordered by state and a description of our methodology in compiling the list.