Opting out
Associated Press
/
January 30, 2009
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Some of the banks that won't be participating in the government-sponsored bailout program:
Chemical Financial Corp., of Midland, Mich., said it will not accept $84 million.
Community Bancshares Inc., of Brooklyn, N.Y., said it will not accept $77.3 million.
Dearborn Bancorp Inc., of Dearborn, Mich., withdrew its application for $29 million.
Eagle Financial Services Inc., of Berryville, Va., said it will not accept $10 million.
First Capital Inc., of Corydon, Ind., said it would not accept bailout money.
Legacy Bancorp, of Pittsfield, said it would not accept $20 million.
NBT Bancorp, of Norwich, N.Y., said it would not accept bailout money.
New York Community Bancorp, of Westbury, N.Y., said it would not accept $596 million.
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