April 26, 2024
Loading...
You are here:  Home  >  Banking & Finance  >  Current Article

Uncle Sam might sell off stake in Heritage Oaks

IN THIS ARTICLE

A recent regulatory filing by Heritage Oaks Bancorp suggests that the U.S. Treasury wants to untangle itself from its $21 million stake in the region’s fourth-largest bank. Paso Robles-based Heritage Oaks took $21   million in taxpayer assistance as part of the Treasury’s $700 billion Troubled Asset Relief Program, or TARP, at the height of the financial…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.