A U.S. Treasury program that placed some money from the Troubled Asset Relief Program with community development banks and credit unions received a mixed grade from the Government Accountability Office.
On the positive side, the overall cost of the program declined from the Treasury's first forecast of $290 million, made in November 2010, to $80 million as of February 2014.
But the government watchdog also reported credit unions that accepted TARP funds were financially weaker and had performed more poorly than credit unions that werequalified to take the funds but did not.
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