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HOW STRONG IS YOUR BANK? CALL BANKRATER(R) AT 800-388-6686

 HOW STRONG IS YOUR BANK? CALL BANKRATER(R) AT 800-388-6686
 CORAL GABLES, Fla., July 2 /PRNewswire/ -- Bauer Financial Reports, Inc., a research firm that specializes in evaluating the financial performance of banks, thrifts and credit unions, is providing consumers with FREE information on their bank's health.
 A consumer simply calls Bauer's BankRater(R) 800 number (800-388-6686) toll free and gives the consumer representative the name and location of his bank. He will be told if the bank meets or fails to meet federal regulatory requirements. If, in addition, the bank is a program underwriter, the consumer will receive the bank's specific star- rating and key financial data.
 "There is no charge for this information," said Paul A. Bauer, president of the research firm. "It's a consumer service underwritten by the strongest banks & thrifts in the nation.
 To find out how strong your bank is, call BankRater(R) at 800-388-6686. It's free.
 -0- 7/2/92
 /NOTE TO EDITOR: The Bauer Companies began analyzing banks & thrifts for internal use in 1983. Like most recognized bank analysts, we purchase financial data from government regulators, on a quarterly basis, detailing the performance of every federally insured bank & thrift. Four years ago, we began making our analysis and star-ratings available to the public.
 Our analysis places primary emphasis on a bank's capital as it relates to risk-weighted and total assets. Assets (loans and investments) are assigned risk-weighted factors depending on the degree of riskiness, the same risk-weighted factors used by government regulators. We further adjust the ratings based on other factors which include, but are not limited to, the bank's: immediate performance (income) and performance over time, composition and amount of non- performing assets and the allowance (reserves) for total delinquent loans and repossessed assets, composition of the deposit base (retail vs. wholesale deposits), investments in subsidiaries, relation of income to non-income producing assets, performance of holding companies, if applicable, etc.
 A bank or thrift's rating is based solely and entirely on our analysis of its financial data. Five-star or four-star rated institutions, the strongest, are notified each quarter of their ratings and are invited to underwrite our BankRater(R) consumer service which provides consumers with a free pass/fail measure on all federally insured banks & thrifts. For those strong banks & thrifts that contribute to underwriting the cost of the BankRater(R) program, we provide consumers who inquire on those institutions only, the star- rating of the institution with key financial data by phone and a follow- up hard copy printout by mail, at no charge. That information is also available on non-participating institutions for $10 for the first institution and $2 each for each additional institution on the same inquiry./
 /CONTACT: Brienne Jorgensen of Bauer Financial Reports, 800-388-6686/ CO: Bauer Financial Reports ST: Florida IN: PUB SU:


AW-JB -- FLFNS1 -- 5994 07/02/92 07:32 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 2, 1992
Words:473
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