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Article: The TARP dilemma: N.H. banks weigh the wisdom of taking Treasury funds.(BANKING)(United States. Department of the Treasury. Troubled Asset Relief Program)
- Article from:
- New Hampshire Business Review
- Article date:
- January 16, 2009
- Author:
CopyrightCOPYRIGHT 2009 Business Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Peterborough-based Monadnock Community Bank decided to take the money--$1.8 million of it--making it the only New Hampshire-based financial institution to do so thus far. But First Colebrook Bank is leaning toward taking it, and Community Guaranty Savings in Plymouth is leaning against it. Bedford-based Centrix Bank and Newport-based Lake Sunapee Bank aren't saying whether they've made up their minds or not. And, at least at this point, Mascoma Savings Bank wouldn't take the money even if it could.
The money in question comes from the Capital Purchase Program, or CPB a pool of some $250 billion that is part of the $700 billion ...
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Transcript: TREASURY DEPARTMENT RECEIVES SMALL BUSINESS ...
Regulatory Intelligence Data;
January 14, 1998 ;
422 words
... ... RR-2158 January 14, 1998 TREASURY DEPARTMENT RECEIVES SMALL BUSINESS DEVELOPMENT AWARD The Treasury Department was honored today by the National ... women-owned businesses. The Treasury Department is proud to play a leadership ...
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