Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to General Questions/Other

Incredible Bank's Parent Partially Pays Back TARP Funds

Tuesday, June 12, 2012 - 4:24 AMIncredible Bank - Details
Incredible Bank's parent, River Valley Bancorporation, was in the news due to its partial pay back of TARP funds. According to this Yahoo! Finance article:
River Valley Bancorporation, based in Wausau, Wisconsin, took $15 million in June 2009. On June 6, it paid back $10.5 million. River Valley still owes taxpayers $4.5 million.

Read more

Note, I had mentioned this article yesterday, but I forgot about River Valley's connection with Incredible Bank. Thanks to the reader who reminded me of this.
2
Ken TuminKen Tumin5,441 posts since
Nov 29, 2009
Rep Points: 123,675
Reply