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

Unofficial Problem Bank List & Health Ratings - May 31st Update

Sunday, June 2, 2013 - 6:44 AM
The Calculated Risk blog has updated its Unofficial Problem Bank List. Here's an excerpt of CR's change summary:
As expected, the FDIC released quarterly industry results for the first quarter on Wednesday and its enforcement action activity through April 2013 on Friday. Also, the FDIC closed a bank today. These actions contributed to many changes to the Unofficial Problem Bank List. In all, there were eight removals and two additions, which leave the list with 761 institutions with assets of $277.3 billion. A year ago, the list held 927 institutions with assets of $355.7 billion.

Read more

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 - 2013 Q1 Bank Data Import Completed

Our financial health ratings are based on financial data that the FDIC and NCUA release each quarter. The FDIC released Q1 2013 financial data last week, but the NCUA hasn't released its Q1 data yet. We have imported the new FDIC data, and all of our bank financial health ratings are now based on this Q1 data. Credit union financial health ratings are still based on Q4 data.
3
Ken TuminKen Tumin5,441 posts since
Nov 29, 2009
Rep Points: 123,675
Reply