Dedicated to Deposits: Deals, Data, and Discussion

Evaluate the Financial Health of Your Bank

The global financial crisis of 2008 has prompted many to take a second look at the health of their financial institutions. Many banks and credit unions were not as financially healthy as many believed. How many banks and credit unions have actually failed? Have things improved? What about the “Too Big to Fail” banks? Which states are home to the healthiest and riskiest banks? Where does your bank rank? Click through the below slideshow to find out.

Are Banks Healthier Today Than in 2008?

If you are not concerned about the financial health of your bank or credit union, you should be. Many folks assume that because their accounts are protected by the FDIC or NCUA, there is nothing to worry about – even if the financial institution fails. While this is largely true as long as you are below the $250,000 maximum insured limit, there are a number of inconveniences associated with having your money in a failed bank or one that is on the verge of failing:

2014 List of the Healthiest Banks and Credit Unions in America

1Malaga Bank F.S.B.Palos Verdes Estates, CA1LOMTO Federal Credit UnionWoodside, NY
2First Green BankMount Dora, FL2Sterling Credit UnionSterling, CO
3Insight BankWorthington, OH3Provident Credit Union (CA)Redwood City, CA
4TexStar National BankUniversal City, TX4Building Trades Credit UnionMaple Grove, MN
5EastbankNew York, NY5Community Financial CU (CO)Broomfield, CO
6Brighton Bank (UT)Salt Lake City, UT6First Community Credit Union (ND)Jamestown, ND
7Capital Bank (CA)San Juan Capistrano, CA7Whatcom Educational Credit UnionBellingham, WA
8Community Business Bank (CA)West Sacramento, CA8United CU (IL)Chicago, IL
9River Valley Community BankYuba City, CA9Fedex Employees Credit Association Credit UnionMemphis, TN
10Independence Bank of GeorgiaBraselton, GA10San Diego County Credit UnionSan Diego, CA
Show Full List ∨

How Do You Know if Your Bank is at Risk?

The FDIC and NCUA each maintain a watch list of banks and credit unions they believe are at risk of failing, but they keep these lists secret in order to prevent panic among customers at those institutions, resulting in more failures. They do, however, publish the raw financial numbers for each institution every quarter. It is possible to use different formulas with this data to determine the financial health of banks and credit unions. Deposit Accounts uses its own proprietary formula to assess the financial health of all federally insured banks and credit unions in the US. Peruse some of the key components of the formula that are discussed below, and then see how your bank or credit union measures up by using the search box below.

Texas Ratio

Developed at RBC Capital Markets, the Texas Ratio is a relatively straightforward and effective way to determine the overall credit troubles experienced by financial institutions. It is determined by comparing the total value of at risk loans to the total value of funds the bank has on hand to cover these loans. At risk loans are any loans that are more than 90 days past due and are not backed by the government. The amount of funds on hand consists of the loan loss allowance that the bank has set aside plus any equity capital.

For example, a bank with $65 million in at risk loans and $72 million in cash on hand to cover those loans would have a Texas Ratio of $65mm / $72mm, which is 90.3%. This figure is approaching the 100% threshold, which is considered very risky. You can also look at the trend in this Texas Ratio as an additional factor to tell if the bank's financial health is heading in the right direction.

Deposit Growth

When people put money in a bank, it is an indicator of confidence. It also increases the money that a bank has on hand and can help strengthen the balance sheet of the bank. You can look to see the amount of total deposits that a bank has and look to see whether they have been increasing over time. A strong track record of stable growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The opposite can be an indicator of a decline in confidence in the institution and, if pronounced and prolonged, can mean that the bank’s ability to keep a strong balance sheet is in jeopardy.


Another quick, at-a-glance indicator of bank financial health is its available capital. You can figure available capital with a direct calculation of an institution’s assets minus its liabilities. Stronger capital means that more assets are available to cover potential losses.

How Does Your Bank Measure Up?

Search For Your Bank

Best and Worst Banks and Credit Unions by Texas Ratio

In addition to our proprietary health rating system that assigns an overall letter grade to financial institutions based on a number of factors, we recognize that many visitors also want to see the raw Texas Ratio figures for each financial institution. Use the filter options below to access our database and search by best/worst, institution type (banks/CUs), state, and asset size.

Show the   in   with assets of  

Bank or Credit UnionHeadquartersTexas RatioAssets
Guaranty Bank (WI)Milwaukee, WI119.13%$1.10 billion
PBI BankLouisville, KY115.82%$1.05 billion
Doral BankSan Juan, PR113.17%$8.00 billion
Doral DirectSan Juan, PR113.17%$8.00 billion
Doral Bank FloridaPanama City Beach, FL113.17%$8.00 billion
Doral Bank NYNew York, NY113.17%$8.00 billion
North Community BankChicago, IL107.26%$2.40 billion
United Central BankGarland, TX69.21%$1.29 billion
Bridgeview Bank GroupBridgeview, IL64.68%$1.08 billion
Scotiabank de Puerto RicoSan Juan, PR63.17%$5.12 billion
FirstBank (PR)Santurce, PR46.04%$12.50 billion
The Brand Banking CompanyLawrenceville, GA43.11%$1.82 billion
AnchorBankMadison, WI42.25%$2.12 billion
CommunityOne BankAsheboro, NC42.23%$2.01 billion
Los Alamos National BankLos Alamos, NM42.04%$1.49 billion
Parkway Bank and Trust CompanyHarwood Heights, IL41.78%$2.09 billion
Oriental BankSan Juan, PR40.86%$7.65 billion
C1 BankSaint Petersburg, FL39.87%$1.45 billion
CertusBank, National AssociationEasley, SC39.22%$1.56 billion
Summit Community Bank (WV)Moorefield, WV38.44%$1.43 billion
SFGI DirectMoorefield, WV38.44%$1.43 billion
Republic Bank of ChicagoOak Brook, IL37.74%$1.49 billion
Amboy DirectOld Bridge, NJ37.25%$2.18 billion
Southern Bank and Trust CompanyMount Olive, NC36.54%$2.14 billion
Banco Popular de Puerto RicoHato Rey, PR34.79%$27.31 billion
MySavingsDirectNew York, NY34.15%$6.34 billion
DollarSavingsDirectNew York, NY34.15%$6.34 billion
Emigrant BankNew York, NY34.15%$6.34 billion
EmigrantDirect.comNew York, NY34.15%$6.34 billion
UmbrellaBank.comPlano, TX31.42%$2.35 billion
Beal BankPlano, TX31.42%$2.35 billion
Hamilton State BankHoschton, GA30.52%$1.65 billion
BCB Community BankBayonne, NJ28.81%$1.28 billion
First American Bank (IA)Fort Dodge, IA28.46%$1.08 billion
Banco Santander Puerto RicoSan Juan, PR28.44%$6.02 billion
Simmons First National BankPine Bluff, AR27.34%$3.74 billion
CB&S BankRussellville, AL27.22%$1.49 billion
Whitaker BankLexington, KY27.13%$1.35 billion
Inland Bank & TrustOak Brook, IL26.76%$1.04 billion
Patriot Bank (TX)Houston, TX26.58%$1.31 billion
OneWest Bank N.A. (Pasadena, CA)Pasadena, CA26.48%$22.51 billion
Bank of Hampton RoadsVirginia Beach, VA25.89%$1.65 billion
Republic Bank (Philadelphia, PA)Philadelphia, PA25.14%$1.06 billion
Gibraltar Private Bank & Trust Co.Coral Gables, FL25.13%$1.57 billion
The First National Bank of Santa FeAlbuquerque, NM24.86%$1.62 billion
Ocean BankMiami, FL24.75%$3.27 billion
Capital Bank, National AssociationMiami, FL24.41%$6.63 billion
Talmer Bank and TrustTroy, MI24.26%$4.68 billion
JPMorgan Bank and Trust Company, National AssociationSan Francisco, CA24.14%$7.91 billion
Farmers and Merchants Trust Company of ChambersburgChambersburg, PA23.78%$1.02 billion