Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Unofficial Problem Bank List September 28th Update

Sunday, September 30, 2012 - 9:24 AM
Calculated Risk blog has updated its Unofficial Problem Bank List. Excerpts from the change summary:
FDIC released its enforcement action activity through August 2012 and closed a bank this week leading to many changes in the Unofficial Problem Bank List. In total, there were 12 removals and eight additions that leave the list with 874 institutions with assets of $334.9 billion.

Read more

One of the 8 additions is Doral Bank. Here's the link to the FDIC consent order.

The CR post also included a quarterly update to the transition matrix which shows how the list has changed since it was started in August 2009.

Bank Health Ratings

For more info on the financial health of banks and credit unions, you can view our Bank Health Ratings page which provides a table of banks and credit unions with the worst Texas Ratios. You can also sort based on the best Texas Ratios to view the safest banks.

Health Rating Updates

Our financial health ratings are based on bank data that the FDIC releases each quarter. The FDIC came out with 2012 Q2 data on August 28th (see post). We'll soon be updating the health ratings for credit unions based on Q2 data.
2
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
Reply