Is Your Bank Safe? Is it Sound?
In addition to the Bauerfinancial site which I’ve mentioned in previous posts, another firm that analyzes banks, thrifts credit unions is Bankrate.com’s Safe & Sound® rating service.
Bankrate.com’s Safe & Sound® system evaluates financial firms using 22 tests to measure the capital adequacy, asset quality, profitability and liquidity (or CAEL) of each firm. You can check your bank and find out if it is safe at http://www.bankrate.com/brm/safesound/ss_home.asp
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