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The FDIC keeps a "watch list" of banks that may be experiencing financial problems. Unfortunately, the FDIC does not make the names of the banks on the list available to the public. They do, however, provide a list of outside bank rating services that can help consumers assess the financial stability of a variety of different banking institutions.
November 25, 2008: Numbers released by the FDIC today show that the "bank watch list" grew to include 171 institutions, its largest total since 1995. However, a mere 2% of FDIC-regulated banks are now on its watch list, compared to about 10% in the late 1980s.
Banks also reported their lowest quarterly net income since 1990, as one in five bank recored a net loss for the third quarter 2008.CNNMoney: Problem banks rise to 13-year high (November 25, 2008)
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Fast Facts
- The FDIC does not publish the names or ratings of the banks that are on the "Watch List"FDIC: Bank Rating Services
- 117 Banks on the watch list as of August 27, 2008ABC Action News: FDIC bank 'watch list' grows (August 27, 2008)
- 9 U.S. banks have failed so far this year as of August
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FDIC Bank Watch List Info
- FDIC: Bank Rating Services
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FDIC Bank Watch List News | Add a Link
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The Business Journal of Milwaukee: FDIC: 171 banks on 'problem' list
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Bankrate.com: Safe & Sound (tm): Bankrate's free rating system for banks...
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Comcast: FDIC: 117 troubled banks, highest level since 2003
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CNNMoney: Problem banks rise to 13-year high
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ABC Action News: FDIC bank 'watch list' grows
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CNN Money: Problem bank list keeps growing
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Guardian.uk: List of at-risk US banks increases sharply...
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The Business Journal of Milwaukee: FDIC: 171 banks on 'problem' list
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Questions and Answers About FDIC Bank Watch List | View All | Ask a Question
View All FDIC Bank Watch List Questions (3166) | Ask a QuestionBail/Consolidate? Fail/FDIC? Which is better? (1 Answer)I think that it depends on the given situation. I think that in the future the consolidation that has gone on in the past needs to stop. The mergers have ... read moreFDIC problem bank list, where can I find it? (2 Answers)http://www.davemanuel.com/images/fdic_problem_bank_list.jpg In just three months, the number of problem banks has gone up from 117 to 171, an increase of 46%! But the FDIC never releases its ratings on the ... read moreWhat 40 bank institutes closed this year? (1 Answer)Cape Fear Bank Omni National Bank TeamBank, National Association Colorado National Bank FirstCity Bank Freedom Bank of Georgia Security Savings Bank Heritage Community Bank Silver Falls Bank Pinnacle Bank of ... read moreHow serious is the banking crisis? Wheres the best place to keep savings? (8 Answers)This is all good information, but it is significant overkill. All you really want to know is how long will it take you to get your money. It is very ... read more
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