ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Economy

Puerto Rico Bank’s TARP Repayment Brings Treasury Profits to $30.7 Billion

May 10, 2017
Reading Time: 1 min read

The Treasury Department announced today that San Juan, P.R.-based First BanCorp, the largest remaining bank in the Troubled Asset Relief Program, has repaid its TARP investment. Taxpayers have received a $231.9 million profit on their investment in First BanCorp, and their total TARP investments in banks have netted $30.7 billion to date, the Treasury said — a profit predicted by the American Bankers Association at the time TARP was put in place.

Following today’s announcement, only eight of 707 participating banks remain in TARP with outstanding investments totaling $66.2 million.

ShareTweetPin

Related Posts

Bessent: Trump administration recognizes CDFI Fund’s ‘important role’ in communities

Former comptrollers warn against state erosion of federal banking powers

Newsbytes
June 15, 2026

States are increasingly seeking to regulate activities that have historically fallen within the domain of federal supervision, and that threatens the regulatory clarity the nation's dual banking system has long provided, two former comptrollers of the currency write...

Consumers turn to credit cards, home equity to maintain financial stability

Survey: Younger couples value financial independence from partners

Economy
June 15, 2026

Young couples are more likely to embrace financial independence from their partners by maintaining separate bank accounts, according to a recent survey by Fidelity.

Industrial production rose in March

Industrial production rose 0.1% in May

Economy
June 15, 2026

Industrial production increased 0.1% in May after increasing 0.9% in April. In May, manufacturing output was unchanged, the index for mining rose 1.3%, and utilities decreased 0.4%.

Bank, credit union groups unite against Welch-Gooden bill

ABA Viewpoint: Higher upfront APRs were a policy choice

Policy
June 15, 2026

Three key choices by lawmakers and regulators pushed credit card pricing toward higher annual percentage rates. Rate caps would have even more unintended consequences for consumers.

ABA urges FinCEN to reevaluate BOI collection burden on banks

FinCEN updates guidance for financial institutions on sharing information about fraud

Compliance and Risk
June 12, 2026

FinCEN issued an updated fact sheet to clarify how financial institutions can share information with each other about suspected fraud under the provisions of the USA PATRIOT Act.

Reports explore information exposure, costs of data breaches

Report: Software vulnerabilities become top vector for data breaches

Compliance and Risk
June 12, 2026

Exploitation of software vulnerabilities has become the most common initial access vector for data breaches, according to the most recent Data Breach Investigations Report by Verizon.

NEWSBYTES

Former comptrollers warn against state erosion of federal banking powers

June 15, 2026

Survey: Younger couples value financial independence from partners

June 15, 2026

Industrial production rose 0.1% in May

June 15, 2026

SPONSORED CONTENT

Why Your Systems Keep Slowing Down — and What to Do About It

Examiners Are Now Looking at Your Non-Core Systems

June 11, 2026
Your Floorplan Audit and Your Credit Decision Are Weeks Apart. That Gap Has a Price.

Your Floorplan Audit and Your Credit Decision Are Weeks Apart. That Gap Has a Price.

June 1, 2026
A Modern Blueprint for Serving High-Net-Worth Families

A Modern Blueprint for Serving High-Net-Worth Families

May 28, 2026
Why Your Systems Keep Slowing Down — and What to Do About It

AI Is in Your Bank. Is Your Cloud Contract Governing It?

May 20, 2026

PODCASTS

Podcast: Understanding bank regulators’ guidance on illegal immigration

June 11, 2026

Podcast: Creating a feeling of welcome, for customers and new bankers

May 28, 2026

Podcast: How consumer deposits drive full relationship banking

May 14, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.