Fact Sheet

Department of Energy: Advanced Technology Vehicles Manufacturing (ATVM) Program

Section 136 of the Energy Independence and Security Act of 2007 (EISA) authorized the Department of Energy Advanced Technology Vehicles...

Taxpayer Supports for Biomass in Federal Farm Bill

For years, proponents of bioenergy and biofuels promised that the industry would help reduce U.S. dependence on fossil fuels, decrease...

Current Agricultural Policy’s Effects on Water Quality

For more than 75 years, market-distorting agricultural subsidies have produced numerous unintended consequences that have degraded water...

Small Modular Reactors: Federal Subsidies for Mini Nukes

The Department of Energy (DOE) is asking Congress to provide $452 million in taxpayer subsidies to help license up to two experimental...

Federal Subsidies for the United States Enrichment Corporation

The United States Enrichment Corporation (USEC) was established in 1992 as a wholly-owned federal entity until it was privatized in 1998....

DOE Loan Guarantee Program: Vogtle Reactors 3&4

In February 2010, the Department of Energy (DOE) conditionally offered Southern Company and its partners a total of $8.33 billion in...

Impact of Ag Subsidies and Record Farm Profits in Farm Country

Despite last year’s drought, the agriculture sector recorded its second highest year of profits in a generation, down just three percent...

Achieving Measurable Outcomes in Agricultural Conservation Programs

All federal agricultural programs – including conservation programs - should prove that they are achieving measurable outcomes that...

Corporate Consolidation in Agriculture Fact Sheet

Despite best intentions, sometimes federal programs do more harm than good and cause unintended consequences that unnecessarily shift...

Income Guarantee for Agribusinesses: Supplemental Coverage Option (SCO) Shallow Loss Program

“Shallow loss” programs are a luxury that would be the envy of any other industry. They are market- and trade-distorting entitlement...

Reforming the Farm Safety Net: Principles for Accountability

Every five or so years, Congress has an opportunity to reform agriculture policy in the farm bill, a massive piece of legislation that...

Political Contributions & Conflicts of Interest Taint U.S. Ag Policies

Despite our nation’s $16.8 trillion debt and record deficits, agricultural lobbyists continue to fearlessly campaign for more subsidies...

Biomass Crop Assistance Program Fact Sheet

The Biomass Crop Assistance Program (BCAP), a new program added to the energy title in the 2008 farm bill, was intended to spur...

U.S. Department of Agriculture’s Market Access Program

Many examples of corporate welfare can be found in the federal budget, but few are as wasteful as the U.S. Department of Agriculture’s...

Biorefinery Assistance Program Fact Sheet

The Biorefinery Assistance Program, administered by the U.S. Department of Agriculture’s (USDA) Rural Development office, was intended to...

Department of Energy Loan Guarantees: Biofuels and Biomass

Created as part of the Energy Policy Act of 2005, the Department of Energy’s (DOE) Title XVII Loan Guarantee Program has $34 billion in...

Taxpayer Supports for Corn Ethanol in Federal Legislation

Since its creation of the domestic market for corn ethanol after the energy crisis of the 1970s, the federal government has nurtured and...

Repowering Assistance Program Fact Sheet

The Repowering Assistance Program, administered by U.S. Department of Agriculture’s (USDA) Rural Development office, reimburses...

Bioenergy Program for Advanced Biofuels Fact Sheet

Established by an Executive Order in 1999, the Bioenergy Program for Advanced Biofuels (BPAB) is intended to pay advanced biofuels...

Rural Energy for America Program Fact Sheet

The Rural Energy for America Program (REAP) was created in the 2008 farm bill to provide federal grants and loans to renewable energy...

Biomass Research and Development Initiative Fact Sheet

The Biomass Research and Development Initiative (BRDI) provides grants to companies, universities, and government research centers to...

Political Footprint of the Corn Ethanol Lobby

The federal government has in one form or another provided lucrative subsidies to the corn ethanol industry for more than 30 years,...

Path to Trillion Dollar Farm Bills

Not only have recent farm bills come in significantly over-budget, but they have also doubled in cost over the past decade. ...

Crop Insurance Administrative Policy Changes

Several administrative changes could be implemented to reduce taxpayer costs and limit the unintended consequences of federal crop insurance. ...

Oil Shale: Failing Taxpayers for Decades

Since the early 20th century, the federal government and private industry have attempted to commercialize oil shale but after years of...

Evolution of Earmarks

Evolution of Earmarks and Earmark Disclosure in Recent Years...

Political Power of the Agribusiness and Crop Insurance Lobbies

The so-called Farm Bill currently being negotiated in Congress is shaping up to be another taxpayer-funded handout to wealthy landowners,...

Haves and Have-Nots in Federal Crop Insurance

Federally subsidized crop insurance has become the largest taxpayer support for agriculture. But not all parts of the agriculture...

Not So “Supercritical” Spending

Coal-fired energy production is one of the oldest and most profitable industries in the world. Yet despite decades of success, the well-established coal industry remains on the federal dole. ...

Big Oil Makes Top Dollar

The first half of 2012 has brought more multi-billion dollar profits for major oil companies. So far, these companies have raked in more...

Department of Energy Loan Guarantees: $8 Billion Allocated for Fossil Fuel Projects

While the program was intended for emerging energy technologies, mature industries like coal and nuclear are eligible as well. Congress provided the program with funding in several areas including advanced nuclear reactors, renewable and energy efficiency, front-end nuclear fuel cycle technology, and advanced fossil fuels....

Coal Industry Profits

For centuries the federal government has been in the business of providing billions in subsidies to coal companies in order to ensure...

Zombie Earmarks in Defense Spending Bill

The Fiscal Year 2013 defense spending bill heading to the House floor Wednesday is a lesson in why it’s so hard to cut defense spending...

MOX Misses the Mark

Despite the ever-increasing price tag, incessant delays in progress, and known safety risks, the Department of Energy continues to pour federal subsidies into the Mixed Oxide Fuel (MOX) program year after year. ...

Federal-Free Risk Management in Agriculture

Like all businesses, agricultural producers face a number of risks in maintaining a profitable enterprise. Successful management of these...

Department of Energy Loan Guarantees: Uranium Enrichment

The Department of Energy (DOE) Loan Guarantee Program was created in the Energy Policy Act of 2005 to provide Treasury backed loan...

California HSR Project Cuts Costs but Federal Taxpayer Still on the Hook

In response to growing public opposition, questionable project merit, and an increasingly bloated cost, the California High Speed Rail...

Big Oil Tops $150 Billion in Profits in 2011

With annual financial reports being released this time of year, the oil and gas industry is looking to continue its decade long trend of...

Crop Insurance: A Federal Cash Assurance Program

Federal crop insurance is a highly taxpayer subsidized program that allows agricultural producers to shift their business risk onto...

FY13 Defense Budget Scorecard

The Defense Department today gave the public a peek behind the cover of its Fiscal Year 2013 budget request, releasing a report and fact...

Carbon Capture and Storage (CCS): Too Costly for Taxpayers

Carbon capture and storage (CCS), also referred to as carbon capture and sequestration, is the process of separating carbon dioxide (CO2)...

Department of Energy Loan Guarantees: Renewable and Energy Efficiency

The Department of Energy loan guarantee program that backed Solyndra, a solar panel manufacturer which went bankrupt on August 31, 2011...

Taxpayer-Backed Loan Guarantees for Liquid Coal: Medicine Bow, Wyoming

The Medicine Bow plant has been repeatedly delayed over eight years. Putting the full faith and credit of the U.S. government behind this costly and risky project is fiscally reckless. ...

FutureGen Project Timeline

February 2003: Bush Administration announces initiative to develop zero-emissions “clean coal” power plant. The plant would burn coal to...

The Department of Energy FutureGen Initiative

The latest iteration of the Department of Energy’s FutureGen project (find a timeline here) is a federal initiative to finance and...

Big Oil, Big Profits

Another quarter, another unsurprising set of reports of huge profits for the oil companies. Continuing to be some of the most profitable...

Department of Energy Loan Guarantee Program: Uranium Enrichment

The Department of Energy (DOE) Loan Guarantee Program was created in the Energy Policy Act of 2005 to provide Treasury backed loan...

Department of Energy Loan Guarantee Program: Status Update on Proposed, Pending, and Final Applicants

Passed as part of the Energy Policy Act of 2005, the Department of Energy’s (DOE) Title XVII Loan Guarantee Program currently has $34.8...

Transportation: Gridlock may lead to Crashes Ahead

The daunting challenges Congress faces in the next month regarding the nation's transportation programs when it returns next week: 1....

Myth v. Fact: Oil and Gas Companies’ Effective Tax Rate

              MYTH: OIL AND GAS COMPANIES HAVE A HIGH EFFECTIVE TAX RATE “The effective tax rate for the industry is...

Essentially Wasteful: The Essential Air Service

Congress has split town leaving an important deal unfinished. Yes, the debt ceiling got raised, but there’s another important piece of...

Debt and Debt Ceiling Q&A

If the President and Congress cannot reach agreement by August 2nd to raise the debt ceiling and pay our national obligations, the...

Senate Transportation Reauthorization Summary Released

On the heels of the House's recent proposal, the Senate Environment and Public Works Committee today released a summary of its own...

House Transportation Reauthorization Proposal Released

The House Transportation and Infrastructure Committee, chaired by Rep. John Mica (R-FL) today released an outline of its proposal for a...

Draft of Administration’s Transportation Reauthorization Revealed

A draft has started floating around of the Obama Administration's reauthorization proposal for the nation's transportation program....

Reports highlight problems with transportation spending

Billions of taxpayer dollars handed out by the Department of Transportation was distributed on the basis of a flawed selection process,...

Taxpayer Risks with the Loan Guarantee Program

The Department of Energy (DOE) loan guarantee program carries extremely high taxpayer risk, potentially jeopardizing billions of taxpayer dollars if energy project loans default....

Framing the Transportation Debate: Two Recent Documents Highlight Key Issues

Two documents released recently do a great job framing the upcoming debate over reauthorization of the nation’s surface transportation...

TCS Review of CBO Brief: Spending and Funding for Highways

As the 112th Congress begins to tackle runaway deficits, government spending cuts, and congressional earmark bans, they will undoubtedly...

Fiscal Commission Defense Cuts: Strong Start, More Can be Done

The draft recommendations released this week by the co-chairs of the National Commission on Fiscal Responsibility and Reform propose...

Third Quarter Results are in and still the same story: Billions in profit, billions more in subsidie

Total SA made $3.2 in the third quarter; Shell: $3.5; Chevron: $3.8; Exxon: $7.4; and most telling of all, BP has emerged back into the...

DOD Still Years Away From Managing its Money

Despite efforts to save billions by improving the way it does business, the Defense Department is not only still years away from being...

FutureGen: Massive Clean Coal Project Changes Track, Still Securing $1 Billion Earmarked in the Stimulus

Today, the Department of Energy (DOE) announced that the plan to build “FutureGen” a massive commercial “clean coal” facility in Mattoon,...

New Report Finds DOE Loan Guarantee Program Riddled with Problems

 The Government Accountability Office released a new report today, finding that the Department of Energy’s (DOE) Loan Guarantee Program...

Federal Loan Guarantees for Nuclear Reactors: Details of the Current Applicants

On February 16, 2010, the Department of Energy offered the first conditional nuclear loan guarantee of $8.3 billion to Southern Company...

Oil and Gas Industry: A Decade of Record Breaking Profits

Big Oil has made Big Money over the last decade. In fact, the last five years proved to be some of the most profitable for any U.S....

Mining Companies Enchanted by New Mexico Giveaways

New Mexico is one of the most heavily mined states in the country, producing large amounts of perlite, copper, and other hardrock...

Arizona Public Lands in Mining Company Hands

Arizona is one of the most heavily mined states in the country, producing large amounts of copper, silver and other hardrock minerals....

DOE Loan Guarantees: Overview, Risks, and More

Created in Title 17 of the 2005 Energy Policy Act, the Department of Energy (DOE) Loan Guarantee Program has received increased scrutiny with the default of a loan guarantee to the solar start-up company, Solyndra....

Earmarks and Earmarking: Frequently Asked Questions

Introduction Earmarks have received a lot of attention in the media, in Congress, and around the water cooler. But despite the interest...

TCS FY2010 Earmark Analysis: Apples-to-Apples Increase in Earmarks

  Click Here for the complete database of FY2010 Earmarks  |  Click Here for a pdf version of this analysis...

North Shore Road: Final Agreement a Win for Taxpayers

An agreement was signed this week that settles a long-standing dispute about what to do with the North Shore Road in the Great Smoky...

2010 Defense Budget Winners and Losers

The day last April when Defense Secretary Robert Gates revealed the Defense Department’s 2010 budget has become known as “Black Monday.”...

Bailout Bank Bio: Eagle Bancorp, Inc.

Eagle Bancorp, Inc. (Eagle Bancorp) is a bank holding company that provides general commercial and consumer banking services through its...

Bailout Bank Bio: GMAC

Founded in 1919 as the General Motors Acceptance Corporation, GMAC is an important company in both the auto and  home finance...

Coal to Liquids: A Costly Gamble

Discovered by German scientists during World War II, the Fischer-Tropsch process – referred to by the Department of Energy as...

The Percentage Depletion Allowance (PDA): A Double Giveaway for Hardrock Mining Companies

For decades, hardrock mining companies have benefited from generous tax breaks at the expense of taxpayers, all the while extracting...

The Amazing Waste: Hydrogen Fuel Cell Funding

Despite being expensive, inefficient, and ineffective, hydrogen fuel cell technologies have received more than $1.4 billion in federal...

Oil and Gas Royalties: Relief for Oil and Gas Companies, a Fiscal Headache for Taxpayers

Oil and gas companies that drill offshore or on public lands are required to pay for the oil and gas they remove in the form of...

Bailout Bank Bio: Security Federal Corporation

Security Federal Corporation operates as the holding company for Security Federal Bank, which provides various banking products and...

Bailout Bank Bio: Southwest Bancorp

Southwest Bancorp, Inc., a financial holding company, provides commercial and consumer banking services in Oklahoma, Kansas, and Texas....

Bailout Bank Bio: LCNB Corp.

LCNB Corp. operates as the holding company for Lebanon Citizens National Bank that provides commercial and personal banking services in...

Bailout Bank Bio: State Bancorp

State Bancorp, Inc. operates as the holding company for State Bank of Long Island that provides general banking products and services,...

Bailout Bank Bio: Southern Community Financial Corporation

Southern Community Financial Corporation operates as the holding company for Southern Community Bank and Trust, which provides commercial...

Bailout Bank Bio: State Street Corp

State Street Corporation, through its subsidiaries, provides a range of products and services for the institutional investors worldwide. It...

Bailout Bank Bio: Somerset Hills Bancorp

Somerset Hills Bancorp operates as the holding company for Somerset Hills Bank, which provides commercial banking services primarily in...

Bailout Bank Bio: Sterling Bancorp

Sterling Bancorp operates as the holding company for Sterling National Bank that provides banking and financial products and services to...

Bailout Bank Bio: Summit State Bank

Summit State Bank provides various commercial banking services to individuals and businesses in its primary service area of Santa Rosa,...

Bailout Bank Bio: Sun Bancorp

Sun Bancorp, Inc. operates as the bank holding company for Sun National Bank that provides a range of commercial and retail banking...

Bailout Bank Bio: Superior Bancorp

Superior Bancorp operates as a holding company for Superior Bank that offers banking and related services. It offers a range of retail and...

Bailout Bank Bio: Shore Bancshares

Shore Bancshares, Inc. operates as the holding company for The Centreville National Bank of Maryland; The Talbot Bank of Easton, Maryland;...

Bailout Bank Bio: Tennessee Valley Financial Holdings

Tennessee Valley Financial Holdings, Inc. is the holding company for TNBank, a private bank based in Oak Ridge, Tennessee. The bank five...

Bailout Bank Bio: Texas Capital Bancshares

Texas Capital Bancshares, Inc. operates as the holding company for Texas Capital Bank, National Association that provides various banking...

Bailout Bank Bio: Security California Bancorp

Security Bank of California offers a range of banking products and services to individuals and businesses primarily in California. Its...

Bailout Bank Bio: Texas National Bank

Texas National Bank was chartered in 1985 and is locally owned and operated. On January 9, 2009, the bank received $3,981,000 in exchange...

Bailout Bank Bio: Santa Lucia Bancorp

Santa Lucia Bancorp is the holding company for Santa Lucia Bank, which is headquartered in Atascadero, California and operates branch...

Bailout Bank Bio: The Private Bank of California

The Private Bank of California offers financial services for high net worth individuals; business owners; legal and financial...

Bailout Bank Bio: The Victory Bank

On February 27, 2009, the Victory Bank received $541,000 in preferred stock with exercised warrants through the Capital Purchase Program....

Bailout Bank Bio: Royal Bancshares of Pennsylvania

Royal Bancshares of Pennsylvania, Inc. (Royal Bancshares) is a bank holding company for Royal Bank America and Royal Asian Bank, which...

Bailout Bank Bio: The Freeport State Bank

The Freeport State Bank received $301,000 from the Capital Purchase Program in exchange for preferred stock with warrants on February 6,...

Bailout Bank Bio: HF Financial Corp

HF Financial Corp operates as the holding company for Home Federal Bank that provides consumer and commercial banking services in the...

Bailout Bank Bio: Peoples Bancorp of North Carolina

Peoples Bancorp of North Carolina, Inc. is the holding company for Peoples Bank.  The company is headquartered in Newton, North Carolina,...

Bailout Bank Bio: Parkvale Financial

Parkvale Financial Corporation operates as a holding company for Parkvale Savings Bank that provides various consumer and commercial...

Bailout Bank Bio: Peoples Bancorp (OH)

Peoples Bancorp, Inc. operates as the holding company for Peoples Bank, National Association, which provides various financial services and...

Bailout Bank Bio: Pacific Coast National Bancorp

Pacific Coast National Bancorp operates as the bank holding company for Pacific Coast National Bank that provides a range of commercial and...

Bailout Bank Bio: Tidelands Bancshares, Inc.

Tidelands Bancshares, Inc. is a bank holding company that operates through its wholly owned subsidiary, Tidelands Bank. Its primary market...

Bailout Bank Bio: Pulaski Financial Corp

Pulaski Financial Corp. is a holding company for Pulaski Bank, which serves the greater St. Louis and Kansas City, Missouri areas. In...

Bailout Bank Bio: OceanFirst Financial

OceanFirst Financial Corp.,Inc. is a holding company for OceanFirst Bank, based in Toms River, New Jersey.  The company operates 20 branch...

Bailout Bank Bio: The Tifton Banking Company

The Tifton Banking Company is a locally owned and operated bank started in 2004. On April 17, 2009, Tifton Banking Company received...

Bailout Bank Bio: Pinnacle Financial Partners

Pinnacle Financial Partners, Inc. operates as the holding company for Pinnacle National Bank, which provides commercial banking services to...

Bailout Bank Bios: Integra Bank Corporation

Integra Bank Corporation operates as a holding company for Integra Bank N.A. that provides personal and commercial banking, investment and...

Bailout Bank Bio: Titonka Bancshares

On April 3, 2009, Titonka Bancshares received $2,117,000 in exchange for preferred stock with exercised warrants under the Capital Purchase...

Bailout Bank Bio: Todd Bancshares

On February 6, 2009, Todd Bancshares received $4,000,000 in exchange for preferred stock with exercised warrants....

Bailout Bank Bio: Triad Bancorp

Triad Bancorp has one location in Frontenac, Missouri. On March 27, 2009, Triad Bancorp accepted $3,700,000 in exchange for preferred stock...

Nuclear Industry Subsidies

Since the nation began using nuclear energy, the federal government has provided billions in subsidies to the industry. More than $85...

Bailout Bank Bio: The Little Bank, Inc.

The Little Bank, Inc. serves the Lenoir, Wayne, Onslow, and Pitt county markets. It operates through its main office in Kinston, as well...

Bailout Bank Bio: Trinity Capital Corporation

Trinity Capital Corporation is the sole shareholder of Los Alamos National Bank. On March 27, 2009, Trinity Capital Corporation received...

Bailout Bank Bio: Tri-State Bank of Memphis

On April 3, 2009, Tri-State Bank of Memphis received $2,795,000 from the U.S. Treasury in exchange for preferred stock under the Capital...

Bailout Bank Bio: TriState Capital Holdings

On February 27, 2009, TriState Capital Holdings received $23,000,000 in exchange for preferred stock with exercised warrants under the...

Bailout Bank Bio: Bank of Kentucky

The Bank of Kentucky Financial Corporation operates as the bank holding company for The Bank of Kentucky, Inc., which provides various...

Bailout Bank Bio: Tri-County Financial Corp

Tri-County Financial Corporation operates as the holding company of Community Bank of Tri-County. The company was founded in 1950 and is...

Bailout Bank Bio: TriStone Community Bank

TriStone Community Bank offers general commercial and retail banking services in Winston-Salem area of North Carolina. The bank was...

Bailout Bank Bio: United Bancorporation of Alabama, Inc.

United Bancorporation of Alabama, Inc. operates as the holding company for United Bank that offers commercial banking services to business...

Bailout Bank Bio: First Bank of Manitowoc

First Manitowoc Bancorp, Inc. operates as the holding company for First National Bank (bank) in Manitowoc, which engages in commercial and...

Bailout Bank Bio: Uwharrie Capital Corp

Uwharrie Capital Corp operates as the holding company for Anson Bank & Trust, Bank of Stanly, and Cabarrus Bank & Trust. The company,...

Bailout Bank Bio: SCBT Financial

SCBT Financial Corporation, through its subsidiaries, provides retail and commercial banking services, mortgage lending services, trust and...

Bailout Bank Bio: Bank of Currituck

The Bank of Currituck is an independent community bank serving northeastern North Carolina and parts of southeastern Virginia.  The main...

Bailout Bank Bio: Congaree Bancshares

Congaree Bancshares, Inc. operates as the holding company for Congaree State Bank, which provides various banking products and services to...

Bailout Bank Bio: First Busey Corporation

First Busey Corporation operates as a bank holding company for Busey Bank and Busey Bank, National Association that provide various retail...

Coal: A Long History of Subsidies

Subsidies to the coal industry began in 1932, when the federal government allowed companies to deduct a portion of their income to help...

Department of Energy: Loan Guarantee Program Overview

Created in Title 17 of the 2005 Energy Policy Act, the Department of Energy (DOE) Loan Guarantee Program has received increased scrutiny with the default of a loan guarantee to the solar start-up company, Solyndra....

TCS Fact Sheet: Coal Industry Profits

In 1932, the federal government began giving subsidies to the coal industry in order to help the industry recover initial capital...

Bailout Bank Bio: Oak Ridge Financial

    Oak Ridge Financial Services, Inc. operates as the holding company for Bank of Oak Ridge that provides commercial banking...

Bailout Bank Bio: Chrysler

Chrysler LLC was founded in 1925 and is headquartered in Auburn Hills, Michigan.  In 2007 Cerberus Capital Management took up managing...

Bailout Bank Bio: General Motors

On June 1st GM filed for bankruptcy protection in order to reorganize. Under the proceeding the company will receive access to an...

Bailout Bank Bio: MutualFirst Financial

  MutualFirst Financial, Inc. operates as the holding company for Mutual Federal Savings Bank, which provides various financial...

Bailout Bank Bio: Monadnock Bancorp

Monadnock Bancorp, Inc. is a bank holding company for Monadnock Community Bank, based in Peterborough, New Hampshire. In December 2008,...

Bailout Bank Bio: MidSouth Bancorp (MidSouth Bank)

  MidSouth Bancorp, Inc. operates as the holding company for MidSouth Bank, N.A., which provides commercial and retail community...

Bailout Bank Bio: North Central Bancshares (First Federal Savings Bank of Iowa)

North Central Bancshares, Inc. operates as the holding company for First Federal Savings Bank of Iowa that offers banking services in...

Bailout Bank Bio: Northeast Bancorp (Northeast Bank)

Northeast Bancorp is a bank holding company for Northeast Bank, headquartered in Lewiston, Maine. The bank operates 11 banking branch...

Bailout Bank Bio: MidWestOne Financial Group

  MidWestOne Financial Group, Inc., through its subsidiaries, provides retail and commercial banking products and services. It...

Bailout Bank Bio: Manhattan Bancorp

Manhattan Bancorp operates as the bank holding company for Bank of Manhattan, N.A. that provides general commercial banking services to...

Bailout Bank Bio: MainSource Financial Group

MainSource Financial Group, Inc. is a financial holding company headquartered in Greensburg, Indiana, with three banking subsidiaries:...

Bailout Bank Bio: Leader Bancorp

Leader Bancorp, Inc. is the holding company for Leader Bank N.A., headquartered in Arlington, MA. Leader Bank’s deposits are insured by...

Bailout Bank Bio: HMN Financial

HMN Financial, Inc. (HMN) is a stock savings bank holding company that wholly owns Home Federal Savings Bank (the Bank). The Bank...

Bailout Bank Bio: HopFed Bancorp

HopFed Bancorp, Inc. operates as the holding company for Heritage Bank that provides commercial banking services in southwestern...

Bailout Bank Bio: LNB Bancorp (Lorain National Bank)

LNB Bancorp, Inc. operates as the holding company for The Lorain National Bank, which provides banking, mortgage, and brokerage services...

Bailout Bank Bio: Heritage Oaks Bancorp

Heritage Oaks Bancorp is a holding company that owns all of the outstanding common stock of Heritage Oaks Bank (the Bank). Heritage Oaks...

Bailout Bank Bio: Intervest Bancshares Corporation

Intervest Bancshares Corporation operates as a financial holding company for Intervest National Bank (bank) and Intervest Mortgage...

Bailout Bank Bio: Home Bancshares

Home BancShares, Inc., a financial holding company, provides a range of commercial and retail banking, and related financial products and...

Bailout Bank Bio: MetroCorp Bancshares

MetroCorp Bancshares, Inc. operates as the holding company for MetroBank, National Association; and Metro United Bank that provide...

Bailout Bank Bio: LSB Corporation (River Bank)

LSB Corporation operates as the holding company for River Bank that provides various financial products and services to the general...

Bailout Bank Bio: Independent Bank Corporation

Update The company recently announced that it had re-purchased its preferred stock from the Treasury Department. Independent paid $78.2...

Bailout Bank Bio: Independent Bank Corporation of Michigan

Independent Bank Corporation, a bank holding company, provides commercial banking services primarily in Michigan. The company offers...

Bailout Bank Bio: Lakeland Bancorp

Lakeland Bancorp, Inc., through its subsidiary, Lakeland Bank, provides various commercial and consumer banking products and services...

Bailout Bank Bio: ICB Financial

ICB Financial, through its subsidiary Inland Community Bank, N.A. provides a range of commercial banking services primarily to small...

Bailout Bank Bio: Hawthorn Bancshares

Hawthorn Bancshares, Inc. (Hawthorn) is a bank holding company. The Company’s activities are limited to ownership, indirectly through its...

Bailout Bank Bio: Heritage Financial Corporation

Heritage Financial Corporation is a bank holding company. The Company is primarily engaged in the business of planning, directing and...

Bailout Bank Bio: Heartland Financial

Heartland Financial USA, Inc. (Heartland) is a multi-bank holding company, having 10 bank subsidiaries in the states of Iowa, Illinois,...

Bailout Bank Bio: Green Bankshares

Green Bankshares, Inc. serves as the bank holding company for GreenBank (the Bank), which is a Tennessee-chartered commercial bank that...

Bailout Bank Bio: First Northern Community Bancorp

First Northern Community Bancorp is a bank holding company whose only subsidiary, First Northern Bank of Dixon (First Northern), a...

Bailout Bank Bio: Flushing Financial Corporation

Flushing Financial Corporation serves as the holding company for Flushing Savings Bank (the Bank). The Bank owns four subsidiaries:...

Bailout Bank Bio: FPB Bancorp

FPB Bancorp, Inc. serves as the bank holding company for First Peoples Bank (the Bank). The Bank offers a range of retail and commercial...

Bailout Bank Bio: First Litchfield Financial (First National Bank of Litchfield)

First Litchfield Financial Corporation is a bank holding company that operates through its wholly owned banking subsidiary, The First...

Bailout Bank Bio: First M&F Corporation

First M&F Corporation is a holding company that engages in the banking business through its wholly owned subsidiary, Merchants and...

Bailout Bank Bio: First Financial Service (First Federal Savings Bank)

First Financial Service Corporation is the holding company for First Federal Savings Bank of Elizabethtown (the Bank). The Bank is...

Bailout Bank Bio: First Defiance

First Defiance Financial Corp. (First Defiance) is a unitary thrift holding company that, through its subsidiaries, focuses on...

Bailout Bank Bio: First Financial Holdings

First Financial Holdings, Inc. (First Financial) is a savings, loan holding and a financial holding company. It operates principally...

Bailout Bank Bio: Farmers Capital Bank Corporation

Farmers Capital Bank Corporation is a financial holding company. The Company’s subsidiaries provide a range of banking and bank-related...

Bailout Bank Bio: First Bancorp (First Bank)

First Bancorp is a bank holding company. The principal activity of the Company is the ownership and operation of First Bank (the Bank), a...

Bailout Bank Bio: Emclaire Financial

Emclaire Financial Corp. is a financial holding company that provides a range of retail and commercial financial products and services to...

Bailout Bank Bio: First Community Bank Corporation

First Community Bank Corporation of America is a unitary savings and loan holding company with one bank subsidiary, First Community Bank...

Bailout Bank Bio: First Citizens Banc Corp

First Citizens Banc Corp. (FCBC) is a financial holding company. Though its subsidiaries, the Company is engaged in the business of...

Bailout Bank Bio: Community Financial Corp.

Community Financial Corp. is a unitary savings and loan holding company that operates through its wholly owned subsidiary, Community Bank...

Bailout Bank Bio: CalWest Bancorp

In step with its earthy-crunchy neighbors, CalWest Bancorp is into "organic." To address its gofor al an expanded geographic presence in...

Bailout Bank Bio: First Community Corporation

First Community Corporation serves as the bank holding company for its wholly owned subsidiary First Community Bank, N.A (the Bank). The...

Bailout Bank Bio: Community Partners Bancorp

Community Partners Bancorp (Community Partners) is a bank holding company. The Company’s wholly owned banking subsidiaries are Two River...

Bailout Bank Bio: Financial Institutions, Inc

Financial Institutions, Inc. operates as the bank holding company for Five Star Bank, which provides consumer and commercial banking and...

Bailout Bank Bio: Enterprise Financial Services

Enterprise Financial Services Corp. (EFSC) is a financial holding company. The Company provides a range of banking and wealth management...

Bailout Bank Bio: Timberland Bancorp

Timberland Bancorp, Inc. was established for the purpose of becoming the holding company for Timberland Savings Bank, SSB (the Bank). The...

Bailout Bank Bio: Taylor Capital Group

Taylor Capital Group, Inc., based in Rosemont, Illinois, serves as the holding company for Cole Taylor Bank, which is primarily engaged...

Bailout Bank Bio: Codorus Valley Bancorp

Codorus Valley Bancorp, Inc. (Codorus Valley) is a holding company with one wholly owned bank subsidiary, PeoplesBank, A Codorus Valley...

Bailout Bank Bio: W.T.B. Financial (Washington Trust Bank)

W.T.B. Financial Corp. is the bank holding company for Washington Trust Bank. Washington Trust is the largest privately held commercial...

Bailout Bank Bio: Colony Bankcorp

Colony Bankcorp, Inc. (Colony) is a holding company. Colony provides, through its wholly owned subsidiaries, a range of products and...

Bailout Bank Bio: Community Bankers Trust

Community Bankers Trust Corporation, formerly Community Bankers Acquisition Corp., is a bank holding company and a financial holding...

Bailout Bank Bio: Bridge Capital Holdings

Bridge Capital Holdings is the holding company for Bridge Bank, National Association (the Bank), which engages in general commercial...

Bailout Bank Bio: Citizens First Corporation

Citizens First Corporation is the bank holding company for Citizens First Bank (the bank). Citizens First Bank is headquartered in...

Bailout Bank Bio: BNCCORP

BNCCORP, Inc. is a bank holding company for BNC National Bank, with 20 locations in Arizona, Colorado, Minnesota, North Dakota and...

Bailout Bank Bio: Citizens Bancshares Corporation

Citizens Bancshares Corporation is the bank holding company of Citizens Trust Bank (the Bank). The Company was organized to facilitate...

Bailout Bank Bio: Centra Financial Holdings

Update The company recently announced that it had re-purchased its preferred stock from the Treasury Department. Centra Financial paid...

Bailout Bank Bio: Citizens & Northern Corporation

Citizens & Northern Corporation is a holding company that is engaged in community banking. The Company is engaged in providing a range of...

Bailout Bank Bio: CoBiz Financial

CoBiz Financial Inc. (CoBiz) is a financial holding company headquartered in Denver, Colorado. The Company’s wholly owned subsidiary...

Bailout Bank Bio: Coastal Banking Company

Coastal Banking Company, Inc. is a bank holding company that operates through its wholly owned subsidiaries, Lowcountry National Bank and...

Bailout Bank Bio: BanTrust Financial Group

BancTrust Financial Group, Inc. (BancTrust) is a multi-bank holding company. The Company provides an array of traditional financial...

Bailout Bank Bio: Berkshire Hills Bancorp

Update The company recently announced that it had re-purchased its preferred stock from the Treasury Department. Berkshire Hills paid...

Bailout Bank Bio: Beach Business Bank

Beach Business Bank, a small bank headquartered in Manhattan Beach, California, operates two branches, in Manhattan Beach and Long Beach....

Bailout Bank Bio: Bar Harbor Bankshares

Bar Harbor Bankshares is a bank holding company. The Company has one wholly owned operating subsidiary, Bar Harbor Bank & Trust (the...

Bailout Bank Bio: BCSB

BCSB Bankcorp Inc. is a federally chartered mid-tier stock holding company. BCSB Bankcorp owns all of Baltimore County Savings Bank,...

Bailout Bank Bio: Bancorp Rhode Island, Inc.

Bancorp Rhode Island, Inc. is the holding company for Bank Rhode Island (the Bank). It has no significant assets other than the common...

Bailout Bank Bio: AmeriServ Financial

AmeriServ Financial, Inc. is a bank holding company that owns all of the outstanding shares of AmeriServ Financial Bank (the Bank). The...

Bailout Bank Bio: Annapolis Bancorp, Inc

Annapolis Bancorp, Inc. is a bank holding company that operates through its wholly owned subsidiary, BankAnnapolis (the Bank). The Bank...

Ethanol Subsidies: Too Much for Too Little

Through a combination of subsidies, trade restrictions, and government mandates a handful of corporate agribusinesses and oil companies...

Bailout Bank Bio: Yadkin Valley Bank

Yadkin Valley Financial Corporation (Yadkin) is a bank holding company that operates through its wholly owned subsidiary, Yadkin Valley...

Bailout Bank Bio: Park National Corporation

Park National Corporation is a financial holding company. Its primary subsidiary is Park National Bank. The bank has branches in Ohio and...

Bailout Bank Bio: Valley Financial Corporation

Valley Financial Corporation is the holding company for Valley Bank (the Bank). Valley Bank conducts a general commercial banking...

Bailout Bank Bio: S&T Bancorp

S&T Bancorp, Inc. is a bank holding company. Its banking subsidiary is S&T Bank, which has 46 branch offices located in Allegheny,...

Bailout Bank Bio: F.N.B. Corporation

F.N.B. Corporation is a bank holding company for First National Bank, which operates in Pennsylvania and Ohio. FNB has expanded its scope...

Fact Sheet: Border Fence Costs Out of Bounds

Congress mandated the constuction of hundreds of miles of fencing along our Southern border in 2006 without any real knowledge of its...

Bailout Bank Bio: Centrue Bank

Centrue Financial Corporation is a bank holding company that operates through its wholly owned subsidiary, Centrue Bank (the Bank). The...

Bailout Bank Bio: Alarion Bank

Alarion Bank provides financial products and services. The company offers personal and business banking services, including checking...

Bailout Bank Bio: First Merchants Corporation

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. It has 65 locations in Indiana and Ohio. It...

Bailout Bank Bio: Anchor Bank

Anchor BanCorp Wisconsin Inc. is a savings and loan holding company, which operates through its wholly owned banking subsidiary,...

TCS on Gates Defense Budget Cuts

The boom finally lowered on the Pentagon’s budget today, with Secretary of Defense Robert Gates revealing the major weapons cuts...

Bailout Bank Bio: FirstMerit Corporation

Update The company recently announced that it had re-purchased its preferred stock from the Treasury Department. FirstMerit paid $125...

Bailout Bank Bio: Dickinson Financial (Bank Midwest)

Dickinson Financial Corporation is the holding company for Bank Midwest, as well as a number of military banks. Bank Midwest operates 70...

Bailout Bank Bio: National Penn Bancshares

National Penn Bancshares, Inc. is a bank holding for National Penn Bank, which provides banking services primarily in eastern and...

Bailout Bank Bio: SVB Financial Group

SVB Financial Group is a bank holding company for Silicon Valley Bank. SVB Financial Group operates 27 offices in the United States and...

Bailout Bank Bio: Provident Bankshares Corporation

Provident Bankshares Corporation is the bank holding company for Provident Bank. The Bank serves individuals and businesses through a...

Bailout Bank Bio: PrivateBancorp

PrivateBancorp, Inc. is a bank holding company for six banking subsidiaries, with 23 offices in Chicago, Detroit, St. Louis, Milwaukee,...

Bailout Bank Bio: United Community Banks

United Community Banks, Inc. is a bank holding company that conducts its operations through United Community Bank, Brevard, North...

Bailout Bank Bio: MB Financial

MB Financial, Inc. (MB Financial) is a financial holding company with 73 banking offices located primarily in the Chicago area. The...

Bailout Bank Bio: International Bancshares Corporation

International Bancshares Corporation is a multi-bank financial holding company. Its primary banking subsidiary is IBC Bank. International...

Bailout Bank Bio: East West Bancorp

East West Bancorp, Inc. is a bank holding for East West Bank, which provides baking services at 70 branches in the Los Angeles...

Bailout Bank Bio: Fulton Financial

Fulton Financial Corporation is a bank holding company for eleven community banks, in addition to two financial services companies and...

Bailout Bank Bio: Flagstar Bancorp

Flagstar Bancorp, Inc. is the largest publicly traded savings bank in the Midwest. Its subsidiary is Flagstar Bank. In October 2008, the...

Bailout Bank Bio: First Banks

First Banks, the holding company for The San Francisco Company, whose subsidiary, First Bank, is a privately owned bank held by Chairman...

Bailout Bank Bio: Sterling Financial Corporation

Sterling Financial Corporation is a bank holding company for Sterling Savings Bank and Golf Savings Bank, with 178 branches in...

Bailout Bank Bio: First BanCorp

First BanCorp. is a financial holding company that owns FirstBank Puerto Rico (FirstBank or the Bank). The Company is a full service...

Bailout Bank Bio: M&T Bank

M&T Bank Corporation is a bank holding company for M&T Bank, which operates 704 branch offices in New York, Maryland, Pennsylvania,...

Bailout Bank Bio: New York Private Bank & Trust

New York Private Bank and Trust is a bank holding company for Emigrant Bank, and is based in New York City. NYPBT is the 50th largest...

Bailout Bank Bio: Discover

Discover Financial Services is a financial services company with headquarters in Riverwoods, Illinois. It was founded in 1986 and is...

Bailout Bank Bio: Northern Trust

Northern Trust Corporation is a financial holding company for Northern Trust Company. The company has 85 offices in the United States and...

Bailout Bank Bio: Popular, Inc.

Popular, Inc. is a diversified bank holding company. The company operates in three target markets: Puerto Rico, the mainland United...

Bailout Bank Bio: AIG

UPDATE: March 4, 2009. After reporting a $61.7 billion quarterly loss – the biggest single quarter loss ever – in early March AIG asked...

Bailout Bank Bio: The First Bancorp

The First Bancorp, Inc., is the bank-holding company for The First, N.A., with headquarters in Damariscotta, Maine. The First Bancorp,...

Bailout Bank Bio: Wells Fargo & Company (and Wachovia Bank)

In late December 2008, shareholders of Wells Fargo and Wachovia agreed to Wells Fargo’s offer to buy Wachovia for $11.8 billion....

Bailout Bank Bio: CIT Group Inc (CIT)

CIT Group Inc. (CIT) is a global commercial finance company that provides financial products and advisory services to more than one...

Failing Salmon Recovery Efforts are Costing Taxpayers Billions

Over the last two decades, federal agencies have spent more than $8 billion on efforts to restore salmon to the Columbia and Snake River...

Bailout Bank Bio: Cecil Bancorp

Cecil Bancorp, Inc. is the holding company for Cecil Bank (the Bank). The Bank provides commercial banking services to individuals and...

Bailout Bank Bio: Central Federal Corporation

Central Federal Corporation serves as the holding company for CFBank, a community-oriented savings institution. As of December 31, 2007,...

Bailout Bank Bio: Central Jersey Bancorp

Central Jersey Bancorp, incorporated on March 7, 2000, is a bank holding company. The Company combined its two bank subsidiaries,...

Bailout Bank Bio: Cache Valley Banking Company

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...

Bailout Bank Bio: Capital Bancorp

Capital Bank, a subsidiary of Capital Bancorp, Inc., is a private community bank. Its deposits are insured by the Federal Deposit...

Bailout Bank Bio: California Oaks State Bank

California Oaks (Cal Oaks) State Bank has $123 million in total assets and is located in Ventura County with offices in Thousand Oaks and...

Bailout Bank Bio: Central Pacific Financial Corp

Central Pacific Financial Corp. is a bank holding company that, through its banking subsidiary, Central Pacific Bank, offers full service...

Bailout Bank Bio: C&F Financial Corporation

C & F Financial Corporation (C & F Financial) is a bank holding company that owns all of the stock of its sole operating subsidiary, C&F...

Bailout Bank Bio: Carolina Bank Holdings, Inc.

Carolina Bank Holdings, Inc. was established for the purpose of serving as the bank holding company of Carolina Bank (the Bank), which is...

Bailout Bank Bio: Bridgeview Bancorp

Bridgeview Bancorp is a privately owned community bank with headquarters in Bridgeview, Illinois. It operates more than 15 banking...

Bailout Bank Bio: Crescent Financial Corporation

Crescent Financial Corporation is the bank holding company for Crescent State Bank, with 12 full service branch offices in Cary, Apex,...

Bailout Bank Bio: Central Bancorp, Inc.

Central Bancorp, Inc. is the holding company of Central Co-operative Bank, which provides commercial banking services in the northwestern...

Bailout Bank Bio: Seacoast Banking Corporation of Florida

Seacoast Banking Corporation of Florida is a bank holding company for Seacoast National Bank. Seacoast National operates in...

Bailout Bank Bio: Community West Bancshares

Community West Bancshares is a bank holding company of Community West Bank, with five branches located in Goleta, Ventura, Santa Maria,...

Bailout Bank Bio: Idaho Bancorp

Idaho Bancorp is the the holding company for Idaho Banking Company, which provides service to customers in southwestern Idaho. The...

Bailout Bank Bio: Capital Bank Corporation

Capital Bank Corporation is the holding company for Capital Bank in North Carolina. It operates 27 branch offices, including 5 branch...

Bailout Bank Bio: Capital Pacific Bancorp

Capital Pacific Bancorp operates as the holding company for Capital Pacific Bank, which provides banking services to businesses and...

Bailout Bank Bio: Unity Bancorp, Inc.

Unity Bancorp, Inc. is the holding company for Unity Bank, which has 17 branch offices. The company is based in Clinton, New Jersey....

Bailout Bank Bio: Center Bancorp, Inc.

Center Bancorp, Inc. is a one-bank holding company of The Union Center National Bank (the Bank) its principal subsidiary. As of the end...

Bailout Bank Bio: 1st Constitution Bancorp

1st Constitution Bancorp serves as the bank holding company for its wholly owned subsidiary 1st Constitution Bank (the Bank). It is...

Bailout Bank Bio: Sandy Spring Bancorp

Sandy Spring Bancorp, Inc. is the holding company for Sandy Spring Bank, a community banking organization. The company is involved in...

Bailout Bank Bio: Centerstate Banks of Florida, Inc.

Centerstate Banks of Florida, Inc. is a bank holding company, with 37 banking locations in 9 counties in the central Florida. The company...

Bailout Bank Bio: Comerica Incorporated

Comerica Incorporated is a financial holding company, providing financial products and services throughout North America. As of the end...

Bailout Bank Bio: 1st Source Corporation

1st Source Corporation is a bank holding company that provides, through its subsidiaries, an array of financial products and services....

Bailout Bank Bio: Marshall & Ilsley Corporation

Marshall & Ilsley Corporation (M&I) is a diversified financial services company with five bank and trust subsidiaries including its lead...

Bailout Bank Bio: The South Financial Group

The South Financial Group, Inc. operates as the holding company for Carolina First Bank that provides a range of commercial and consumer...

Bailout Bank Bio: Center Financial Corporation

Center Financial Corporation is the bank holding company for Center Bank. As of the end of 2007, it operated 18 branch offices and 8 loan...

Bailout Bank Bio: State Street Corporation

State Street Corporation is one of the world’s largest global financial services companies, with $1.7 trillion in assets under management...

Bailout Bank Bio: Washington Federal Inc

Update The company recently announced that it had re-purchased its preferred stock from the Treasury Department. Washington Federal...

Bailout Bank Bio: West Bancorporation

West Bancorporation, Inc. operates as the holding company for West Bank, which provides commercial banking products and services to...

Bailout Bank Bio: StellarOne Corp

StellarOne Corp., formerly Virginia Financial Group, Inc., is a bank holding company. StellarOne Corp has a network of 35 branches...

Bailout Bank Bio: Morgan Stanley

Morgan Stanley is a New York-based financial institution with operations on six continents. Along with Goldman Sachs, in late September...

Bailout Bank Bio: American Express

American Express was founded in 1850 and is headquartered in New York, New York. It is known best for its global payments and travel...

Bailout Bank Bio: Monarch Financial Holdings

Monarch Financial Holdings, Inc. is a bank holding company that operates through its wholly owned subsidiary, Monarch Bank. The company...

Bailout Bank Bio: Susquehanna Banchshares

Susquehanna Bancshares, Inc. is a financial holding company that operates through its subsidiaries in the mid-Atlantic region. The...

Bailout Bank Bio: Southern Missouri Bancorp

Southern Missouri Bancorp, Inc. is the parent company of Southern Missouri Bank & Trust Co. The Bank conducts its business from its...

Bailout Bank Bio: Mid Penn Bancorp

Mid Penn Bancorp, Inc. is a bank holding company for Mid Penn Bank. It operates 15 offices located in Dauphin, Northumberland,...

Bailout Bank Bio: NewBridge Bancorp

NewBridge Bancorp is a bank holding company located in Greensboro, North Carolina. NewBridge operates banks in North Carolina and...

Bailout Bank Bio: Oak Valley Bancorp

Oak Valley Bancorp is a bank holding company for Oak Valley Community Bank, based in Oakdale, California. The company operates 12...

Bailout Bank Bio: Patapsco Bancorp, Inc.

Patapsco Bancorp, Inc. is the holding company of The Patapsco Bank, with five full-service offices located in Dundalk, Parkville, Carney,...

Bailout Bank Bio: Pacific Commerce Bank

Pacific Commerce Bank is headquartered in Los Angeles, California, and serves the Japanese-American, Chinese-American, other...

Bailout Bank Bio: Indiana Community Bancorp

Indiana Community Bancorp, formerly Home Federal Bancorp, is a bank holding company that operates through its wholly owned subsidiary,...

Bailout Bank Bio: Peapack-Gladstone Financial

Peapack-Gladstone Financial Corporation is a bank holding Company for Peapack-Gladstone Bank in New Jersey. It operates 21 full-service...

Bailout Bank Bio: Old Line Bancshares

Old Line Bancshares, Inc. is a holding company for Old Line Bank, with its headquarters in Bowie, Maryland. The bank has a branch in...

Bailout Bank Bio: Regions Financial

Regions Financial Corporation is a financial holding company that operates throughout the South, Midwest and Texas, with approximately...

Bailout Bank Bio: First Community Bancshares

First Community Bancshares, Inc. is a holding company for First Community Bank which operates 57 banking locations in the states of...

Bailout Bank Bio: Hampton Roads Bancshares

Hampton Roads Bankshares, Inc. primarily serves as a holding company for the Bank of Hampton Roads, whose   primary service area...

Bailout Bank Bio: First California Financial

First California Financial Group Inc., formerly known as National Mercantile Bancorp, is a bank holding company, for its wholly owned...

Bailout Bank Bio: Horizon Bancorp

Horizon Bancorp is a bank holding company for Horizon Bank, which provides services in commercial banking. Horizon Bank operates two full...

Bailout Bank Bio: Fidelity Southern Corporation

Fidelity Southern Corporation is a bank holding company that operates primarily through its wholly owned subsidiary, Fidelity Bank....

Bailout Bank Bio: Elmira Savings Bank

Elmira Savings Bank operates as an independent community bank. The company has eleven banking offices: three in Elmira, three in Ithaca,...

Bailout Bank Bio: Eastern Virginia Bankshares

Eastern Virginia Bankshares, Inc. is a bank holding company for EVB, which operates 23 service branches in eastern Virginia. EVB is a...

Bailout Bank Bio: Fidelity Bancorp, Inc.

Fidelity Bancorp, Inc. is a bank holding company that provides a range of banking services through its wholly owned banking subsidiary,...

Bailout Bank Bio: Saigon National Bank

According to its website: “Saigon National Bank is a locally owned community bank devoted to serving the financial needs of the...

Bailout Bank Bio: First Financial Bancorp

First Financial Bancorp is a bank holding company that engages in the business of commercial banking and other banking and...

Bailout Bank Bio: Huntington Bancshares

Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio with 600 regional banking offices in Indiana,...

Bailout Bank Bio: TIB Financial

TIB Financial Corp. is a financial holding company with several subsidiaries: TIB Bank, The Bank of Venice and Naples Capital Advisors,...

Bailout Bank Bio: Seacoast Commerce Bank

Seacoast Commerce Bank services businesses and individuals in Chula Vista and San Diego County, California. The bank is headquartered...

Bailout Bank Bio: Alliance Financial

Update The company recently announced that it had re-purchased its preferred stock from the Treasury Department. Alliance paid $27.2...

Bailout Bank Bio: Cadence Financial

Cadence Financial Corporation is a financial holding company, with assets consisting primarily of its investment in Cadence Bank. Cadence...

Bailout Bank Bio: Wainwright Bank & Trust

Wainwright Bank & Trust Company is a banking company based in Boston, Massachusetts. As of December 2007, Wainwright operated 10...

Bailout Bank Bio: City National Corporation

City National Bank is a wholly-owned subsidiary of City National Corporation and is based in Beverly Hills, California. It operates 62...

Bailout Bank Bio: Citizens South Banking Corporation

Citizens South Banking Corporation is the holding company for Citizens South Bank. Citizens South Bank has 14 full-service branch offices...

Bailout Bank Bio: BNC Bancorp

BNC Bancorp operates as the holding company for Bank of North Carolina, which provides banking products and services in Cabarrus,...

Bailout Bank Bio: Dime Community Bancshares

NOTE: Dime Community Bancshares was approved to receive $77.3 million from the Treasury Department through the Capital Purchase Program,...

Bailout Bank Bio: CVB Financial

CVB Financial Corp. serves as the holding company of Citizens Business Bank. The bank’s customers consist primarily of small to mid-sized...

Bailout Bank Bio: Commerce National Bank

Commerce National Bank offers commercial banking services in Orange County, California. The bank was founded in 2003 and is headquartered...

Bailout Bank Bio: Encore Bancshares, Inc

Encore Bancshares, Inc. is a bank holding company for Encore Bank headquartered in Houston, Texas. As of December 31, 2007, it operated...

Nuclear Subsidies Past and Present

Since the beginning of nuclear energy the federal government has provided billions in handouts to the industry. More than $85 billion has...

Bailout Bank Bio: 1st Financial Services Corporation

1st Financial Services Corporation operates as the bank holding company for Mountain 1st Bank & Trust Company. The company, headquartered...

Bailout Bank Bio: Trustmark Corporation

Trustmark Corporation is a multi-bank holding company whose primary subsidiary is Trustmark National Bank (TNB). Trustmark conducts...

Bailout Bank Bio: Bank of Marin Bancorp

Update The company recently announced that it had re-purchased its preferred stock from the Treasury Department. Bank of Marin paid $28...

Bailout Bank Bio: Ameris Bancorp

Ameris Bancorp is a financial holding company for the Ameris Bank, operating 46 banking offices in Georgia, Alabama, northern Florida,...

Bailout Bank Bio: Bank of the Ozarks Inc

Bank of the Ozarks, Inc. is a bank holding company which owns Bank of the Ozarks. Bank of the Ozarks conducts operations through 65...

Bailout Bank Bio: Blue Valley Ban Corp

Blue Valley Ban Corp. (Blue Valley) is a financial holding company for its primary wholly owned subsidiary, Bank of Blue Valley. The bank...

Bailout Bank Bio: Wintrust Financial

Wintrust Financial Corporation is a financial holding company that controls 15 subsidiaries that serve customers in the greater Chicago,...

Bailout Bank Bio: Tennessee Commerce Bancorp

Tennessee Commerce Bancorp, Inc. is the bank holding company of Tennessee Commerce Bank. Tennessee Commerce is headquartered in Franklin,...

Bailout Bank Bio: WesBanco, Inc.

WesBanco, Inc. operates as the holding company for WesBanco Bank, Inc. WesBanco operates 115 banking offices in West Virginia, Ohio, and...

Bailout Bank Bio: Severn Bancorp Inc.

Severn Bancorp is a savings and loan holding company. Its principal subsidiary is Severn Savings Bank. Severn operates in Maryland,...

Bailout Bank Bio: Old National Bancorp

Old National Bancorp is a financial services holding company based in Evansville, Indiana. Its subsidiary, Old National Bank, provides...

Bailout Bank Bio: TowneBank

TowneBank, based in Portsmouth, Virginia, offers banking services throughout the Hampton Roads region in Southeastern, Virginia. The...

Bailout Bank Bio: Heritage Commerce Corp

Heritage Commerce Corp is the holding company for Heritage Bank of Commerce. They are located in San Jose, California. The bank was...

Bailout Bank Bio: Whitney Holding Corporation

Whitney Holding Corporation is a bank holding company based in New Orleans, Louisiana. The company is the parent of Whitney National...

Bailout Bank Bio: Boston Private Financial Holdings Inc.

Boston Private Financial, Inc. is a holding company located in Boston, Massachusetts. The company owns a number of financial services...

Bailout Bank Bio: Cathay General Bancorp

Cathay General Bancorp is the holding company for Cathay Bank, which is located in the Chinatown area of Los Angeles, CA. According to...

Bailout Bank Bio: KeyCorp

KeyCorp is a national financial services company based in Cleveland, Ohio. It is the parent company of KeyBank which has branches in 13...

Bailout Bank Bio: Columbia Banking System Inc.

Columbia Banking System, Inc. is a bank holding company headquartered in Tacoma, Washington. Columbia operates 55 banks branches in parts...

Bailout Bank Bio: BB&T Corporation

BB&T is a regional financial holding company. The core of its business and franchise was created by the merger of equals between BB&T and...

Bailout Bank Bio: Cascade Financial Corporation

Cascade Financial Corp. is a bank holding company for Cascade Bank, which operates in the Puget Sound region of Washington State. In...

Bailout Bank Bio: Wilshire Bancorp

Wilshire Bancorp is a bank holding company for Wilshire State Bank, headquartered in Los Angeles, California. The bank has branch offices...

Bailout Bank Bio: Citizens Republic

Citizens Republic Bancorp is a bank holding company headquartered in Flint, Michigan. In addition to Michigan, it has banks in Wisconsin,...

Bailout Bank Bio: Iberiabank Corp

IBERIABANK Corp. is the holding company for IBERIA Bank and Pulaski Bank and Trust.  IBERIABANK Corp. received approval in early...

Bailout Bank Bio: Great Southern

Great Southern Bancorp Inc. is a holding company based in Springfield, Missouri. Great Southern has been approved to receive up to $60...

Bailout Bank Bio: Nara Bancorp

Nara Bancorp is the holding company for Nara Bank, located in Los Angeles, California. Nara was begun as a community bank intended to...

Bailout Bank Bio: TCF Financial

TCF Financial Corp. recently announced that it would participate in the Treasury Department’s Capital Purchase Program, and expects to...

Bailout Bank Bio: Broadway Financial

Broadway Financial Corporation announced in November that it received $9 million under the Treasury Department’s Capital Purchase...

Bailout Bank Bio: Wilmington Trust

Wilmington Trust Corporation, based in Wilmington, DE, is a financial holding company whose primary subsidiary is Wilmington Trust...

Bailout Bank Bio: Peoples Bancorp

Peoples Bancorp is a bank holding company based in Ohio with bank branches in Ohio, West Virginia, and Kentucky. In early November,...

Bailout Bank Bio: Western Alliance Bancorporation

Western Alliance Bancorporation, headquartered in Las Vegas, Nevada, is a bank holding company. According to its website, Western...

Bailout Bank Bio: Signature Bank

New York City-based Signature Bank is a full-service commercial bank with 21 private client offices in and around New York City....

Bailout Bank Bio: Simmons First National

Simmons First National Corporation is a financial holding company based in Pine Bluff, Arkansas. The primary banking subsidiary is...

Bailout Bank Bio: Synovus Financial

Synovus is a Columbus, Georgia based financial services holding company that recently announced its participation in the Treasury...

Bailout Bank Bio: Intermountain Community

Intermountain Community Bancorp is a bank holding company located in Idaho. It is the bank holding company for Panhandle State Bank, the...

Bailout Bank Bio: Banner Corporation

Banner Corporation is a Washington based bank holding company with banks in Washington, Oregon, and Idaho. In a November 4th press...

Bailout Bank Bio: First Horizon National

First Horizon National Corporation is a holding company for First Tennessee Bank National Association and other banking-related...

Bailout Bank Bio: Webster Financial

Webster Financial Corporation is a bank holding company headquartered in Waterbury, Connecticut. Its banking subsidiary is Webster Bank,...

Bailout Bank Bio: Bank of Commerce Holdings

Bank of Commerce Holdings, based in Redding, California, is the holding company for Redding Bank of Commerce and several other related...

Bailout Bank Bio: Midwest Banc Holdings Inc

Midwest Banc Holdings, Inc. is a bank holding company operating in the greater Chicago metropolitan area.   In early November, Midwest...

Bailout Bank Bio: Pacific Capital

Pacific Capital Bancorp is a bank holding company of Pacific Capital Bank, N.A., which operates 48 branches under several brand names...

Bailout Bank Bio: Porter Bancorp

Porter Bancorp, headquartered in Louisville, KY, is a bank holding company whose subsidiary, PBI Bank, has nineteen branches in twelve...

Bailout Bank Bio: First Midwest Bancorp

First Midwest Bank began in Joliet, Illinois and continues to serve the southern Chicago suburbs and the Quad Cities area. Their...

Bailout Bank Bio: Bank of New York Mellon

The Bank of New York Mellon was established in 2007 with the merger of Mellon Financial Corporation and The Bank of New York Company,...

Bailout Bank Bio: PNC Financial Services Group

PNC is a Pittsburgh-based bank that is among the largest of U.S. banks. It received $7.7 billion under the Treasury Department’s Capital...

Bailout Bank Bio: Suntrust Banks Inc

SunTrust Banks Inc. is a bank holding company based in Atlanta, G. The corporation’s largest subsidiary is SunTrust Bank which has 1,700...

Bailout Bank Bio: Associated Banc-Corp

Associated Banc-Corp (ABC) is a bank holding company with headquarters in Green Bay, Wisconsin. ABC is the 37th largest bank holding...

Bailout Bank Bio: First Pactrust Bancorp

First PacTrust Bancorp is a holding company and holds all the stocks for Pacific Trust Bank. It is located in Chula Vista, California. In...

Bailout Bank Bio: First Niagara Financial Group

Update The company recently announced that it had re-purchased its preferred stock from the Treasury Department. First Niagara paid...

Bailout Bank Bio: J.P. Morgan Chase & Co

J.P. Morgan Chase is a New York based financial services company with worldwide operations. J.P. Morgan Chase is the umbrella brand that...

Bailout Bank Bio: UCBH Holdings Inc

UCBH Holdings is the holding company for United Commercial Bank, Ltd (UCB). In October it announced that it would participate in the...

Bailout Bank Bio: Valley National Bancorp

Valley National Bank is a federally chartered commercial bank operating 195 branches in parts of northern and central New Jersey and some...

Bailout Bank Bio: Fifth Third Bancorp

Fifth Third (5/3) Bank is a Cincinnati, Ohio-based corporation, and one of the largest money managers in the Midwest with 1,300 branches...

Bailout Bank Bio: Umpqua Holdings Corp

Umpqua Bank is a community bank with 147 branches across Oregon, Washington and California. Umpqua is based in the Portland, Oregon...

Oil and Gas Subsidies: Overview

Taxpayer subsidies to the oil and gas industry have played a major role in U.S. energy policy since 1916. Two of the largest tax breaks,...

Bailout Bank Bio: US Bancorp

U.S. Bancorp, a financial services holding company, is the parent company of U.S. Bank, which is the country’s sixth largest bank,...

Bailout Bank Bio: Capital One Financial Inc

Capital One Financial is a financial services company whose products and services include consumer and commercial banking and credit card...

Bailout Bank Bio: Zions Bancorporation

Zions Bancorporation is expected to receive $1.4 billion in bailout funds from the Department of the Treasury. Zions is a financial...

Defense Spending: Change or More of the Same?

President-elect Barack Obama’s new transition web site is pledging to review every major defense program for possible cuts, and...

Nuclear Reprocessing

Nuclear fuel reprocessing is the process of collecting nuclear waste to recover and reuse plutonium and uranium. Despite decades of...

Royalty-in-Kind: A Costly Complication

Under intense pressure from the oil and natural gas industry, the Minerals Management Service (MMS)1 started the Royalty-in-Kind (RIK)...

Clean Coal Projects: Cleaning Out the Pockets of Taxpayers

Since the late 1970’s, the federal government has funneled billions of dollars into “Clean Coal” technology and programs designed to make...

Utah Hardrock Mining Fact Sheet

Under the 135 year old Mining Law of 1872, valuable taxpayer lands and minerals are virtually given away to international mining...

TCS Agriculture Program

Taxpayers for Common Sense works with a broad range of groups to enact significant farm policy reform. With the farm bill up for...

Hardrock Mining Royalty Fair to Taxpayers, Fair to Industry

Fair Compensation for Taxpayers For more than 8 decades the coal, oil, and natural gas industries have all paid royalties for the right...

Nuclear Subsidies General Fact Sheet

Since the beginning of nuclear energy the federal government has provided billions in handouts to the industry. Nuclear power has...

FRESH Act Fact Sheet

The FRESH act introduced by Senators Lugar and Lautenberg, and co-sponsored by Senators Cardin, Menendez, Reed, Hatch, Collins and...

New Mexico Hardrock Mining Fact Sheet

Under the 135 year old Mining Law of 1872, valuable taxpayer lands and minerals are virtually given away to international mining...

U.S. Farm Policy: Blank Check Politics

The U.S. Department of Agriculture (USDA) continues outdated, depression-era farm subsidy policies that funnel billions of dollars to...

Oil and Gas Royalty Relief Fact Sheet

“Relief” for Oil and Gas A Fiscal Headache for Taxpayers “Now, we don’t think oil companies need tax incentives or subsidies to drill...

Rip-Off in Big Cypress: How the Department of the Interior attempted to orchestrate one of the worst land deals in history

By: John Nohlgren On May, 29th 2002, President George W. Bush and his brother, Florida Governor Jeb Bush, together announced the...

The Gravina Access Project: A Bridge to Nowhere

Recipient of the TCS "Golden Fleece Award in 2003 (Read the award write-up) Project Update (September 2007): After many years of...

Fixed Direct Payments: Flawed Formula Fleeces Taxpayers

Fixed Direct Payments, or ‘decoupled payments’, provide farmers with direct income unrelated to the market.1 Many argue that direct...

Syria: Excuse 535 To Not Cut the Deficit

Volume XVIII No. 37 Possible action in Syria has become the most recent excuse du jour for Pentagon boosters...