First Resource Bank Announces Participation in the U.S. Treasury Small Business Lending Fund

First Resource Bank Announces Participation in the U.S. Treasury Small Business Lending Fund

September 16, 2011, 8:00 am

First Resource Bank announced it received a $5.1 million preferred stock investment from the U.S. Department of the Treasury as part of the Small Business Lending Fund. The proceeds of this investment were used to redeem all preferred stock previously issued under the Department of the Treasury's TARP Capital Purchase Plan.