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Post by bot on Nov 4, 2013 17:18:24 GMT -5
Treasury Department Announces Auctions for Preferred Stock of Seven Financial Institutions WASHINGTON - The U.S. Department of the Treasury announced today that it is commencing auctions for all of its Troubled Asset Relief Program’s Capital Purchase Program preferred stock (the “CPP Securities”) in the following seven institutions: · AB&T Financial Corporation (Gastonia, NC); · Bridgeview Bancorp, Inc. (Bridgeview, IL); · Madison Financial Corporation (Richmond, KY); · Midtown Bank & Trust Company (Atlanta, GA); · Pacific City Financial Corporation (Los Angeles, CA); · United American Bank (San Mateo, CA); and · Village Bank and Trust Financial Corp. (Midlothian, VA). www.treasury.gov/press-center/press-releases/Pages/jl2205.aspx
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