Subsidiarity and TARP Money

I posted a few months ago about what I see as a subsidarity angle to the banking crisis -- the relative soundness of many local, community banks as compared to the larger institutions getting most of the bail-out money.  Here are two more examples of this.  Locally, a fine regional bank, TCF Bank, is planning on returning $361 million in TARP money that it feels it doesn't need.  Indeed, Bill Cooper, the Chairman of TCF, argues accepting the money has put it at a "competitive disadvantage."  Not so locally (but perhaps of more interest to Rick), Alaska's local banks seem to be doing quite well, thank you. (HT James Hood, an Opinionated Catholic blogger.)