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Subsidy Tracker Parent Company Summary
Parent Company Name: Independent Bank Corp. (Michigan)
Ownership Structure: publicly traded (ticker symbol IBCP)
Headquartered in: Michigan
Major Industry: financial services
Specific Industry: banking
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $0 | 0 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $0 | 0 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $832,000,000 | 14 |
TOTAL | $832,000,000 | 14 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
INDEPENDENT BANK | United States | federal | 2009 | | $130,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2008 | | $120,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2008 | | $100,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2008 | | $95,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2008 | | $90,000,000 | federal loan or loan guarantee |
Independent Bank Corporation | United States | federal | 2009 | | $72,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2008 | | $50,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2008 | | $35,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2008 | | $35,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2008 | | $35,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2008 | | $25,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2009 | | $15,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2009 | | $15,000,000 | federal loan or loan guarantee |
INDEPENDENT BANK | United States | federal | 2009 | | $15,000,000 | federal loan or loan guarantee |