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By The Weiss Ratings Team On September 6, 201602:18 PM Eastern
In one of our previous articles, we mentioned the banking industry’s non-performing loans increased slightly in Q1, 2016, raising some concerns about the underwriting quality. As of Q2, 2016, this...
By The Weiss Ratings Team On August 1, 201612:45 PM Eastern
“Where do I put my hard earned cash?” “Who should I use to finance my auto or home loan?” These are the questions asked by many, and sound decisions must be made in order to preserve and manage...
By Remi Lukosiunas On November 7, 201707:00 AM Eastern
Bank profits are already surging. But there is so much going on in Washington right now on the regulatory front that things could get even better. The proposed tax plan would cut taxes for...
By The Weiss Ratings Team On December 12, 201603:02 PM Eastern
JPMorgan Chase Bank, National Association, the largest bank in the U.S. with over $2 trillion in assets, was upgraded to a Weiss Safety Rating of B. The seventh-largest bank, Bank of New York...
By Remi Lukosiunas On July 11, 201707:00 AM Eastern
Today we have what seems to be a limitless number of options to choose from for our personal finances. Savings and checking accounts, mortgages, and auto loans from various financial institutions...
By Remi Lukosiunas On August 15, 201707:00 AM Eastern
As I drive around town here in South Florida, I keep seeing more lots being sealed off with chain link fences — and “Financed by Bank So&So” signs slapped on the front. It usually doesn’t take...
By Remi Lukosiunas On August 1, 201707:00 AM Eastern
The Dodd-Frank Act – Three words that make the financial industry cringe. Banks, credit unions, and the big dogs on Wall Street have been struggling to keep up with the law, and fighting it on...
By Remi Lukosiunas On May 9, 201707:00 AM Eastern
Here at Weiss Ratings, our data gives you a wealth of information about the state of the banking industry. One trend jumps right out at you today: Banks are piling up gigantic cash reserves, and...
By Remi Lukosiunas On July 18, 201707:00 AM Eastern
Since the financial crisis of 2007-2009, government agencies have taken a number of steps to ensure that banks can weather another economic downturn. In a perfect world, the next downturn...
By Gavin Magor On January 16, 202407:00 AM Eastern
Here’s how to protect yourself and the money in your bank account in 2024.