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Unofficial Problem Bank List Feb 19th Update & Bank Health Ratings

Sunday, February 20, 2011 - 6:03 AM
Calculated Risk Blog has updated its unofficial problem bank list:
In all, there were six removals and 13 additions this week, which leaves the Unofficial Problem Bank List with 951 institutions with assets of $418.6 billion.

Two interesting additions were Wilmington Trust FSB, Baltimore, MD and Southern Community Bank and Trust, Winston Salem, NC. Both were added due to enforcement actions from the OCC. This might explain the deep rate cuts that we've seen at Southern Community Bank and Trust in the last month.

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.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
1. Sunday, February 20, 2011 - 9:12 AM
WTDirect, which is a great hub account, is a division of Wilmington Trust FSB. 
pearlbrownpearlbrown1,472 posts since
Nov 2, 2010
Rep Points: 6,396