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Showing posts with the label UCBH Holdings

Minority Banks Receiving TARP Capital - Update

We have updated our listing of minority banks receiving TARP funding: 11/14/2008 UCBH Holdings, Inc. (Asian) San Francisco CA Purchase Preferred Stock w/Warrants $298,737,000 Par 11/14/2008 Broadway Financial Corporation (Black) Los Angeles CA Purchase Preferred Stock w/Warrants $9,000,000 Par 12/5/2008 East West Bancorp (Asian) Pasadena CA Purchase Preferred Stock w/Warrants $306,546,000 Par 12/5/2008 Cathay General Bancorp (Asian) Los Angeles CA Purchase Preferred Stock w/Warrants $258,000,000 Par 12/5/2008 Popular, Inc. (Hispanic) San Juan PR Purchase Preferred Stock w/Warrants $935,000,000 Par Total to minority banks: $ 1,807,283,000 Total to all banks: $165,306,798,000 Percentage: 1%