Round 4 of TARP Capital Infusions

December 9, 2008

Authored by: Bryan Cave

On December 9, 2008, the Treasury announced the completion of the fourth round of TARP Capital infusions.  The Treasury purchased a total of approximately $3.8 billion in preferred stock from 35 financial institutions on Friday, December 5, and has now invested a total of $165.3 billion of the $250 billion TARP Capital program.

Interestingly, this round saw the first investment in a financial institution not based within the continental United States – Popular, Inc. from San Juan, Puerto Rico.   In fact, Popular’s receipt of $935 million was the largest investment in the fourth round.  The smallest investment was $1.7 million, which went to Manhattan Bancorp out of El Segundo, California. 

We have updated our TARP Map to display the locations of the institutions that received infusions in the fourth round.