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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.
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Ken TuminKen Tumin5,468 posts since
Nov 29, 2009
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