The Treasury Department received its full capital repayment from Bank of America on Wednesday.
The Charlotte bank's $45 billion repayment brought the total funds returned under the Troubled Asset Relief Program to $116 billion. The Treasury estimates that figure could grow to $175 billion by yearend.
Banks have been eager to exit the program since the government began attaching strings to the funds such as limits on executive compensation.
The only large banks remaining in Tarp are Citigroup Inc. and Wells Fargo & Co.
