How Healthy Is Your Bank?

Using data from the Federal Deposit Insurance Corp., Bauer Financial, a banking analysis firm, has rated the Lone Star State’s more than 600 banks and we’ve got it. Zero stars is the lowest rating, indicating significant weakness, while banks with five stars are the strongest. Here’s hoping you’re about to see a lot of stars.

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Comments

5 responses to “How Healthy Is Your Bank?”

  1. Jack E. Jett says:

    This is a bit off topic, but I am wondering if Wick’s mom ever got her money out of Country Wide.

  2. El Rey says:

    +1 Spamboy

    I suspect if you have a one or two star bank, you will probably have a new bank very soon. The ‘troubled’ banks typically are bought up by the bigger banks for bargain prices.

    I’m a free market kind of guy, but I think we should withdraw our funds from the 3 star or less banks in order to crash them sooner. Why prolong the pain? Let’s just rip the Band-Aid off quick and be done with it.

  3. DM says:

    and in other news from the UK today…

    “.. IndyMac will deplete a tenth of the $53bn reserve of the Federal Deposit Insurance Corporation. The FDIC has some 90 ‘troubled’ lenders on watch. IndyMac was not one of them…”

  4. JC says:

    I’ll second that USAA vote!