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IS YOUR BANK TROUBLED? FIND OUT FREE

 CORAL GABLES, Fla., Jan. 18 /PRNewswire/ -- Bauer Financial Reports, Inc., a research firm that specializes in analyzing the financial performance of banks, reports that although the performance of the banking industry has improved dramatically through the third quarter 1992, there are still 157 troubled banks nationwide that do not meet one or more federal regulatory capital requirements.
 New regulations require all troubled banks to take "prompt corrective action" to compensate for their capital deficiency. Most often that means scaling down the banks operation (reducing assets and deposits) and/or raising new capital.
 "Consumers should avoid dealing with troubled banks," said Paul A. Bauer, president of the research firm. "When banks reduce assets, they cut down on loans and loan commitments. And the easiest way to reduce deposits is to pay the lowest rates in town. A consumer who deals with a troubled bank may find himself getting the short end on both sides of the equation."
 To encourage consumers to select strong, healthy, banks Bauer's BankRater(R) if offering a free service. "We will tell any consumer who calls our toll free number, 800-388-6686, if their bank fails to meet all federal regulatory capital requirements. If their bank meets all federal capital requirements and the consumer wants to know how highly we rate his bank, the fee is $10 for the first non-sponsor bank and $2 for each additional non-sponsor bank. (BankRater(R)) Sponsor banks provide this information to consumers free).
 Bauer's BankRater(R) toll free service is open Monday through Friday, 8 a.m. to 10 p.m. and Saturday 9 a.m. to 5 p.m. Eastern Time. To find out if your bank is troubled call 800-388-6686.
 -0- 1/18/93
 /CONTACT: Brienne Jorgensen of Bauer Financial Reports, 800-388-6686/


CO: Bauer's Financial Reports, Inc. ST: Florida IN: FIN SU:

JB-SS -- FLFNS2 -- 5691 01/18/93 07:30 EST
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Publication:PR Newswire
Date:Jan 18, 1993
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