Daniel Gross

C&F Financial Repays Last $10 m of TARP Funds

We've got another TARP exit.

C&F Financial Corporation, based in West Point, Va., took $20 million in Capital Purchase Program funds in January 2009. In July 2011 it repaid $10 million. And on April 11, it paid back the remaining $10 milion. Treasury still owns warrants in the bank that are likely worth another $1 million.

Daniel Gross is economics editor at Yahoo! Finance

follow him on Twitter @grossdm; email him at grossdaniel11@yahoo.com

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