Banks in Florida are mostly Weak
February 3, 2011 Leave a comment
Many local Banks in Florida have questionable capital ratios. This is product of outrageous housing loans and practices.
When it comes to strength and solvency, Florida is among the worst states for banking, according to a new report released by Weiss Ratings.
Nearly 80 percent of the 532 banks and thrifts in Florida are considered weak and have received a D-plus or lower Weiss Financial Strength rating.