Repayments News
Union Bankshares repays $59 million TARP loan
Union Bankshares Corp. said Wednesday it has repaid the federal government the $59 million it received last December under the Treasury Department's Troubled Asset Relief Program.The regional bank said it bought back the preferred stock it had issued to the Treasury, after regulators approved the bank's repayment.The Bowling Green, Va.-based company said its banks have been "well-capitalized"
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