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Three Chicago Banking Institutions Receive TARP Funds

Written by: - December 26, 2008

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Three Chicago Banking Institutions Receive TARP Funds

The Treasury Department released the details of a $2.8 billion investment in 49 local banks. On the list were three Illinois banks, all of which are headquartered in Chicago suburbs, but do much of their business in Chicago. They are the first Chicago banks to receive federal funds under the Troubled Asset Relief Program (TARP).

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