WASHINGTON — The Treasury Department announced Tuesday that three banks have received about $19.1 million under the Troubled Asset Relief Program.
The Treasury Department updated its list of banks getting funding as part of its capital purchase program, or CPP. The investments were made Friday.
The banks are Presidio Bank, of San Francisco; McLeod Bancshares Inc., of Shorewood, Minn.; and Metropolitan Capital Bancorp Inc., of Chicago.
The report Tuesday also showed a partial repayment of the $2.5 billion committed by the government to automaker General Motors' suppliers. It showed GM Supplier Receivables LLC repaid $140 million Friday.
