Zions Bancorporation, Umpqua Holdings Corp., and Marshall & Ilsley Corp. today announced that they too have taken on investments by the Department of the Treasury.
In all, 29 banks have received Treasury investments. In the last two days, 20 banks have received nearly $40 billion of capital infusions from the federal government.
Here’s what the latest three participants received from Treasury:
* Zions – $1.4 billion
* Umpqua – $214 million
* M&I – $1.7 billion
Bloomberg published an article which offered a list of the funds received by regional banks. Here is their listing:
PNC $7.7 billion
Capital One $3.6 billion
SunTrust $3.5 billion
Regions Financial $3.5 billion
Fifth Third $3.5 billion
BB&T $3.1 billion
KeyCorp $2.5 billion
Comerica $2.25 billion
Marshall & Ilsley $1.7 billion
Northern Trust $1.5 billion
Huntington $1.4 billion
Zions $1.4 billion
First Horizon $866 million
Colonial BancGroup $570 million
City National $395 million
Valley National $330 million
UCBH Holdings $298 million
Umpqua Holdings $246 million
Washington Federal $230 million
First Niagara $186 million
Old National $150 million*
HF Financial $25 million
Redding Bank $17 million
Saigon National $1.2 million
Provident –**
TOTAL $38.25 billion
*Old National hasn’t decided whether to participate.
**Provident says it has been invited to participate, but hasn’t
decided whether it will do so.