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

Unofficial Problem Bank List November 30th Update

Monday, December 3, 2012 - 1:36 PM
The Calculated Risk blog has updated its Unofficial Problem Bank List. Here's an excerpt from the CR change summary:
This week, the FDIC released its enforcement actions through October but did not release industry results for the third quarter. Changes to the Unofficial Problem Bank List include six removals and five additions that leave the list at 856 institutions with assets of $326.4 billion.

Read more

One interesting removal from the list is NexBank, SSB, Dallas, TX. This is due to an action termination. NexBank has recently been offering several top CD rates available nationwide.

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 NCUA has recently released Q3 financial data. We have imported this data, and all of our credit union financial health ratings are based on this Q3 data. We're still waiting for the FDIC to release Q3 data for the banks. They are about a week behind. We should see that release this week.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708