Fact Sheet

Bailout Bank Bio: Cache Valley Banking Company

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February 03, 2009
Programs: Budget & Tax

Cache Valley Bank began as the Bank of North Park, with the name being changed to Cache Valley Bank in 1981. It is a privately owned community bank located in Logan, Utah. In August of 1995 the bank was sold to the Cache Valley Banking Company, a holding company formed to own 100 percent of the bank stock. The holding company is owned by two families and officers of the bank. In late December 2008, Cache Valley received $4.7 million from the Treasury Department under its Capital Purchase Program, in exchange for preferred stock and warrants.


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Bailout Bank Bio: Cache Valley Banking Company

 

Federal Equity Investment

$4.8 million

Total Revenue

Unknown

Net Income

Unknown

Number of Employees

Unknown

Corporate Headquarters

Logan, Utah

Business Sector

Private Bank

Officers and Directors

J. Gregg Miller, President, CEO

Other officers and directors

Corporate Website

http://www.cachevalleybank.com/

Executive Compensation

Unable to Locate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

►Financial Documents

No financial documents located.

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Third Quarter 2008

No lobbying documents located.

Political Contributions

No political contributions located.

Related Articles

No article

 

Last Updated February 3, 2009

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