Is there any way to view the FDIC Bank Watch List?
The FDIC does not publish their list of banks or thrift institutions on their ailing list, otherwise known as the FDIC Bank Watchlist. However, private companies do publish ratings on banks. The FDIC has compiled a list of these private ratings services. The FDIC does explicitly state that this list of private ratings firms is in no way an endorsement by the FDIC. Basically, there is no guarantee these private firms data about banks reflects the FDIC data, but it’s probably a pretty safe bet that they’re close. These private firms include: A.M. Best Company Bankrate Inc. BauerFinancial, Inc. Creative Investment Research, Inc. FIS – Financial Information Systems, LLC Highline Data LLC IDC Financial Publishing Institutional Risk Analytics LACE Financial Corp. Veribanc Weiss Ratings Inc. It is also important to not that most of these firms charge fees for this information. Bankrate does offer some information for free. For a complete list of these companies, including contact information
The FDIC does not publish their list of banks or thrift institutions on their ailing list, otherwise known as the FDIC Bank Watchlist. However, private companies do publish ratings on banks. The FDIC has compiled a list of these private ratings services. The FDIC does explicitly state that this list of private ratings firms is in no way an endorsement by the FDIC. Basically, there is no guarantee these private firms data about banks reflects the FDIC data, but it’s probably a pretty safe bet that they’re close. At the beginning of the year, 90 banks were on the FDIC watch list. There are now 117, FDIC chairwoman Sheila C. Bair announced at a news conference this afternoon. That is the highest number in five years, but some analysts expect the list to grow even more in coming months. http://abcnews.go.com/Business/Story?id=5660122&page=1 Sources:
