After the 2008 financial crisis, Congress authorized $700 billion for the bailout of financial companies and automakers, called the Troubled Asset Relief Program, or TARP. About $413 billion was lent. So far, the government has recovered about $318 billion, or about 77 percent of it. As of September 30, 2011, 390 financial institutions remained in TARP according to the General Accountability Office including Zions Bancorporation of Salt Lake City which, as of February 18, 2012, still needs to repay $1.4 billion in bailout funds that it received from U.S. taxpayers. The 371 banks that still owe money include Regions Financial Corp., which owes $3.5 billion; Zions Bancorporation, $1.4 billion; Synovus Financial Corp., $967.9 million; Popular Inc., $935 million; First Bancorp of San Juan, Puerto Rico, $400 million; and M&T Bank Corp., $381.5 million. In total, as of January 26, 2012, institutions that were bailed out during the financial crisis still owe U.S. taxpayers nearly $133 billion.