No banking company was hit harder by the government takeover of Fannie Mae and Freddie Mac than Midwest Banc Holdings Inc. in Melrose Park, Ill., and now the Treasury Department is coming to its aid.

The $3.6 billion-asset company said Monday that it is set to receive an $85.5 million capital infusion through the Treasury's Capital Purchase Program in early December. The bulk of the funds would go toward replenishing capital depleted by writedowns on Fannie Mae and Freddie Mac investments that lost much of their value when the government-sponsored enterprises went into conservatorship Sept. 7.

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