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First Citizens Banc Corp (FCZA) in Sandusky, Ohio, is planning to exit the Troubled Asset Relief Program.
January 21 -
First Citizens Banc (FCZA) in Sandusky, Ohio, has raised $25 million to exit the Troubled Asset Relief Program.
December 20 -
The Treasury Department will receive roughly $204 million from its latest auctions selling off the preferred shares of seven financial institutions from the Troubled Asset Relief Program.
June 28
First Citizens Banc Corp (FCZA) in Sandusky, Ohio, has exited the Troubled Asset Relief Program.
First Citizens paid roughly $23 million to redeem all 23,184 outstanding shares of preferred stock issued to the Treasury Department in 2009 under the Tarp program. The Treasury
"We are pleased to have completed the redemption of all of the Series A Preferred Stock," James Miller, First Citizens' president and chief executive, said in a Tuesday press release. "This represents the final step in the transition from the TARP program."
The $1.2 billion-asset First Citizens