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  4. DOES DEPOSIT ACCOUNTS DO SEAFTY RESEARCH ON BANKS Eg NANO BANC Before Puting In Their Data Base

DOES DEPOSIT ACCOUNTS DO SEAFTY RESEARCH ON BANKS Eg NANO BANC Before Puting In Their Data Base

JINAYAKO
  |     |   26 posts since 2022

I need more Resrarch from the Community on NANO BANC. I can NOT find its Ticker Symbol and the Stock Price of NANO BANC. Dept of Financial Protection had put a Very Rare CEASE AND-DESIST ORDER ON NANO BANC.

Nano Bank put 2 Executives on Paid leave. And did a Reshuffel of TOP EXECUTIVE OFFICERS. In Very clear terms, it fired 6 Directors and Replaced with 5 New Directors, whihout notice to Regulators and Stockholders.

Deposit Account or sombody put out a 1 Year=6% CD promotion offered by NANO BANC. On Yahoo Finance, I could NOT find the Stock Price.Going Forward could there be problems for the CD HOLDERS?. Will the money be SAFE??A Huge Concern in these times when so many banks are going BUST.

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DepositAccounts
  |     |   22 posts since 2009
Thank you for posting your question. We use information provided by either the FDIC or NCUA to give each financial institution on our site a health grade. The page dedicated to a FI includes a health section which explains how their grade was determined. Of course, this grade is determined off the last published quarterly report so circumstances may change after the quarterly report is released. We also encourage consumers to do their own research before opening an account with any financial institution. For more information on the health grades, visit our health page.
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choice1
  |     |   370 posts since 2023
Unless and until FI regulators have real time access to FI financial info and to the extent made publicly available (for sure for those publicly traded) better info is a pipe dream. And the well financed FIs are the ones can make that happen.
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