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Unofficial Problem Bank List Feb 26th Update & Bank Health Ratings

Sunday, February 27, 2011 - 6:46 AM
Calculated Risk Blog has updated its unofficial problem bank list:
This week, there are three removals and 12 additions leaving the Unofficial Problem Bank List at 960 institutions. The net changes added $8.9 billion in assets, which is the largest weekly asset increase since June 18, 2010 when $19 billion was added.

Some of the additions include:
One note about EVB Bank is that it has been offering a reward checking account since at least April 2008. It currently pays 3.01% APY for up to $15K. It'll be interesting to see if they will be forced to lower this to comply with the FDIC rate caps for less-than-well capitalized banks.

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.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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