Which Are the Weakest U.S. Banks ?

Thursday, September 04, 2008 | 03:29 PM

I've been meaning to point to a fascinating part of TheStreet.com: Banks & Thrifts Screener. Its a pretty nifty tool that you can use to see if your bank is on the skids or not.  (Note: I don't know what the basis of the ratings are -- they are proprietary)

Excellent tool, and best of all its free.

For example: My neice and nephew live in Chicago, and asked me about a local bank. I popped in Illinois, and screened for all banks rated "D" or below. 

Voila! 137 Banks rated from D+ down to F. (see full list after the jump)

In NY, the same search generates 27 banks; In California, 83 banks. If I search all states, I get 1477 banks rated "D" or worse.

Bank_screener

>

Source:
TSC Ratings Finds the Weakest U.S. Banks   
TheStreet.com, 9/2/08
http://www.thestreet.com/story/10435373/1/tsc-ratings-finds-the-weakest-us-banks.html

The Street.com Ratings, D or lower, Illinois

Thursday, September 04, 2008 | 03:29 PM | Permalink | Comments (16) | TrackBack (0)
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Comments

Hopefully one of the criteria is not whether Cramer has it rated buy or sell.

Posted by: Eric | Sep 4, 2008 3:34:09 PM

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