Seeking Alpha

Optimum Bank Holdings' (OPHC) board has decided to decline TARP funds. The company had been...

Optimum Bank Holdings' (OPHC) board has decided to decline TARP funds. The company had been preapproved to receive up to $4.6M in December. [FOTW]
Comments (2)
  • Sounds to me like a smart bank, bank ceo, and band board. This is the kind of bank I would like to do business with. A bank that does steal from the American taxpayer and wants to succeed or fail on its own merits without being sustained by the government. I will buy stock in this bank.
    24 Jan 2009, 12:02 AM Reply Like
  • "Preapproved"??? Is this like one of those letters we used to get in the mail "you are preapproved for a credit card"?
    24 Jan 2009, 04:00 AM Reply Like
DJIA (DIA) S&P 500 (SPY)