Printer Friendly

BAUER RECOMMENDS 9,381 BANKS, 1,244 S&Ls AND 282 SBs

 BAUER RECOMMENDS 9,381 BANKS, 1,244 S&Ls AND 282 SBs
 CORAL GABLES, Fla., Nov. 4 /PRNewswire/ -- Based on an analysis


of June 30, 1991 financial data, as filed with federal regulators, on 12,158 commercial banks, 2,426 savings & loans and 448 savings banks, Bauer Financial Reports, Inc. has compiled its latest list of recommended financial institutions.
 All the recommended banks, thrifts and savings banks, rated four-stars or five-stars on a scale from no-stars to five-stars, significantly exceed federal regulatory capital requirements and are well capitalized and operating profitably or suffered insignificant quarterly losses for the period ended June 30, 1991.
 "A variety of factors are taken into consideration in assigning our star ratings," said Paul A. Bauer, president of the research firm, "including capital adequacy, profitability, delinquent loans, repossessed assets, reserves, performance of holding companies, where applicable, and loan composition. Our rating system is designed to adjust for anticipated problems in addition to measuring the institution's present condition.
 "With the emphasis on bank failures," continued Bauer, "consumers are often surprised to learn how many financial institutions are strong and operating profitably."
 Of 12,158 commercial banks analyzed, 9,381, 77.2 percent are on the latest recommended bank list.
 Of 2,426 savings & loans, 1,244, 51.3 percent, made the recommended thrift list.
 And out of 448 savings banks, 282, 62.9 percent, are on the recommended savings bank list.
 Bauer Financial Reports, Inc. analyzes the financial data of all U.S. banks, thrifts and credit unions. For a free rating of your bank (one request only, please), send the name of your bank or thrift, city and state, along with a stamped, self-addressed, business sized envelope to: Free Rating, Bauer Financial Reports, Inc., P.O. Drawer 145510, Coral Gables, Fla., 33114-5510.
 Additional information may be obtained by calling Paul A. Bauer or Karen Dorway at 800-388-6686.
 -0- 11/4/91
 /CONTACT: Paul A. Bauer of Bauer Communications, Inc., 305-444-3125/ CO: Bauer Communications, Inc. ST: Florida IN: FIN SU: MR-AW -- FLFNS1 -- 0531 11/04/91 07:32 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 4, 1991
Words:342
Previous Article:KENYA'S MOST EXCLUSIVE TENTED CAMPS FEATURED ON 13-DAY PARK EAST SAFARI
Next Article:REVCO SEEKS TO RAISE QUARTER MILLION DOLLARS FOR RONALD MCDONALD HOUSES
Topics:


Related Articles
CREME DE LA CREME OF BANKING
3,706 BANKS RECEIVE BAUER'S 5-STAR AWARD
CREME DE LA CREME LIST OF BANKING
SBS Broadcasting Announces Release of Shareholders' Circular for Extraordinary.
SBS Broadcasting Announces Release of Shareholders' Circular for Extraordinary General Meeting of its Shareholders on October 3, 2005 to Consider...

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters