Book Description

Nearly 300 banks have failed from January 1, 2008 through February 10, 2011. As the banking industry continues to pull out of these shaky times, it is more important than ever for consumers to make sure that their money is safe. Weiss Ratings Guide to Banks & Thrifts provides accurate, unbiased ratings of the financial strength of over 8,500 US commercial banks, savings banks and savings & loans. Updated quarterly to ensure that users have access to the most current information Index of Banks & Thrifts - with user-friendly letter-grade ratings, city & state, letter-grade ratings from the previous three years, to identify trends and recent changes, along with data that show's the institution's strong and weak points, assets in commercial, consumer and mortgage loans, capitalization index, risk-based capital ratio, data on non-performing loans, profitability index, liquidity index and more Weiss Recommended Companies - arranged by state for easy location of the best bank in your area Rating Upgrades & Downgrades - lists banks that have been upgraded or downgraded in the last quarter, along with an explanation for their change in status Recent Bank & Thrift Failures Glossary of Terms Available in print and online database formatsWeiss Ratings Guide to Banks & Thrifts will be a must for individuals who are concerned about the safety of their CD or savings account, need to be sure that an existing line of credit will be there when they need it, or simply want to avoid the hassles of dealing with a failing or troubled institution. More than ever, consumers need this important information, this guide is a must for all reference collections.