Tagged: corning savings & loan association

Community First Bancshares Exits TARP In the Black

by George Waldon 3/10/2014 12:00 am

The U.S. Treasury ended up with nearly $3.7 million more than it “loaned” to Community First Bancshares Inc. of Harrison. The $12.7 million that Uncle Sam invested in Community First was accomplished with preferred stock and warrants issued through the Capital Purchase Program.

7 Arkansas Lenders Still Indebted to Treasury After TARP Relief

by George Waldon 11/4/2013 12:00 am

Seven Arkansas lenders remain under the umbrella of the U.S. Treasury's TARP program in the aftermath of the 2008 financial meltdown. The group collectively received more than $126 million through the Capital Purchase Program-Troubled Asset Relief Program.